SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AC Flyer who wrote (117429)8/18/2001 10:24:36 AM
From: Mike M2  Read Replies (2) of 436258
 
AC, I can understand how people may have confidence in AG and his easy money because in the past easy money has been very effective but no longer. we are just beginning to pay the price. The austrian school objects to monetary inflation because it creates unsustainable imbalances and distorts the demand/output structure of the economy. The imbalances are record low savings rate, record high trade and current account deficit, excessive consumption crowding out investment, record private debt levels- corporate & consumer. We have huge malinvestments in the internet ,telecommunications and excess capacity in semiconductors. It is too early for most to understand but in time people will understand why history will judge AG very harshly. Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News