Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject	12/27/2001 6:39:13 PM
From: gold$10k	Read Replies (2) of 36161

How Do You Spell Debt Relief? I-N-F-L-A-T-I-O-N - Paul Kasriel "Chairman Greenspan is a student of history if he is anything. He knows the history of the Great US Depression of the 1930s and the still ongoing Not-Quite-As-"Great" Japanese Depression, which started in the 1990s. He knows that in both cases, the central banks in question were unable or unwilling to "print" enough money to prevent a deflation that devastated debtors. So long as Greenspan has a basis point of fed funds rate to cut, he will not abandon US debtors." northerntrust.com

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