Even Greenspan's wife Andrea Mitchell probably agrees the only inflation was that created by the increase of Federal Reserve rates, casuing oil price to increase, then mortgage and all commercial loan interest, then destroying the 10 year economic expansion single handed. Of course there is always buying opportunities in a depression, the Saudiis will once again buy up America, and we get a chance to buy up the entire nation of Japan. Of course with 12 cent and hour communis chinese slave labor, WTO, and permanent most favored nation trade status with Communist China that also occurred in the atmosphere of higher Fed rates, as the only way out for corporations to keep costs down, what is Japan worth? What is the highly productive US worker worth? We could have been living in a higher tech world, but now we have to wait for the demise of the Fed, and Greenspan's rantings. I am realy surprised the third world is taking this all so well, since they will literally starve first, all thanks to Al. And here we thought we would be living in a safer more prosperous world, instead of the sick and depraved sadistic perverted policies of a Federal Reserve that defies the move to decentralization and democracy that our world held so much promise for just 2 years ago.
I am,
Truly your$,
-Crystal Ball |
