Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (4414)	6/7/2001 1:02:48 AM
From: LLCF	Read Replies (1) of 74559

<So Alan Green$pan gets to print billions for the government, without frightening the horses and causing a stampede out of the dollar into anything else. He can only do that because of The New Paradigm of technological revolution and globalisation. > Well, he's been able to do it so far because of the "perception" of such, this doesn't mean it can continue... in fact you're cognizant of the above fact that Greenspan is just printing away means that the "horses" probably will "frighten" at some point. Your point should make folks very uneasy about holding US$ IMO. <What is happening is that share markets are replacing money [and gold and platinum] as stores of value. Shares are becoming money. > Your point should make folks very uneasy about holding 'shares' IMO. <Holding a broad portfolio of shares is as secure as anything on earth, > At any price??? <People holding cash are suckers!!> At any price? DAK

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