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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ilaine who wrote (89755)4/4/2001 11:11:16 AM
From: Mike M2  Read Replies (3) of 436258
 
CB, when studying the 20s I think of the present mania. I think it is prudent to check excessive speculation. AG has persued the most reckless monetary expansion in history and it facilitated the dot.con mania malinvestment. Prolonging a speculative bubble only results in greater malinvestment, wealth redistribution and excessive debt leading to debt deflation. TL & EV
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