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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Mike M2 who wrote (117437)8/18/2001 11:33:28 AM
From: AC Flyer  Read Replies (2) of 436258
 
Bill:

Thank you for the thoughtful response.

>>The austrian school objects to monetary inflation because it creates unsustainable imbalances and distorts the demand/output structure of the economy.<<

Agreed. Where do you see inflation?

>>It is too early for most to understand but in time people will understand why history will judge AG very harshly.<<

Many people said that about Ronald Reagan. He is now seen as one of our greatest Presidents.
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