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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (15467)2/23/2002 4:18:58 AM
From: Maurice Winn  Read Replies (2) of 74559
 
<How long can we just PRINT FIAT MONEY, HOW LONG TILL WE NEED A WHEELBARROW to buy a loaf of bread.>

Well, a loaf of bread in the USA is still only $2 or so. I don't think the price of a loaf of bread has changed significantly in recent years has it? So mass hysteria about inflation is premature.

In fact, mostly people are talking about deflation, which is the opposite of what you are worrying about.

Uncle Al is doing a great job! Printing up a storm of money which GeorgeW can use to buy fuel for USS Enterprise to sort out Osama, Saddam and co and open the oil floodgates. Which will NOT be good for his oil buddies as Iraq's oil on the markets will cause a drop in price. Which is bad for oil company profits.

Mq
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