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 1:39:06 AM
From: pezz	Read Replies (3) of 74559

<<People holding cash are suckers!!>> Ya got it,Maurice! What they don't understand is that the only bad thing about inflation for stocks is that the FED raises rates when we have inflation. Now if AG wants to lower rates.............let the [supposed] inflation drive the stock prices higher...After all shares in something that will benefit from higher prices can't be bad as long as money remains plentiful. Platimun and gold do not generate income as a result of inflation..........But as corporations raise prices earnings increase. Wes keeps saying this market is driven by liquidity.....Okey Dokey....As though it matters what drives prices higher for those of us who own'em. There seems to be plenty more liquidity where this came from. BTW is the fishing as good as advertised down there?

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