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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (95055)3/14/2002 3:18:59 PM
From: Joan Osland Graffius  Read Replies (1) of 132070
 
KT,

Thanks, good post.

Your conclusion shows inflation during the last decade in paper assets of corporations around the world. Abby JC has all along been expecting the public to continue to pay inflated prices for this asset class. Jimmy Rogers has pointed out that the CB's around the world have been instrumental in causing this asset class to inflate by increasing the supply of their currencies with reckless abandon.

Now the big question is what will cause this asset class to deflate where people move their capital to other instruments?

Joan
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