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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (50599)4/26/2002 4:03:59 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
no silly, but I've read 30 GoldEagle articles
they rhyme with Hamilton of Zeal Intelligence articles
and consistent with Puplava's Financial Sense
all basically monetary fundamentalist in nature

loose monetary policy invites undisciplined debt issuance via fiat currency printing, which represents the CANCER

the disease leads INVARIABLY to deflation, debt collapse
but this time, we will see big big bigtime COMMODITY INFLATION
because the Federal Reserve (Dept of Inflation) under Greenspasm is printing its way to the morgue

ultimate irony:
the disease is unbridled printing of dollars

the treatment:
unbridled printing of dollars

the consequence:
deep recession

the consequence after several stubborn treatments:
a very big recession, aka depression

yes, I expect a depression by 2004, absolutely unavoidable
they will put a Politically Correct spin on it though
like "a deep recession"
looking forward to the 2ndHalf Recovery, arent you?

keep looking, it aint coming
the press will blame Bush, and US will likely not re-elect him
but history will blame Clinton, Rubin, and Greenspan

/ Jim Willie
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