Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: t4texas who wrote (15509)	7/12/2002 1:10:57 AM
From: t4texas	Read Replies (2) of 36161

Foreign Investors, Get Ready To Be Paid Back In Cheaper Dollars northerntrust.com it's a matter of time. paul kasriel keeps saying gold will have its day as greenspan gives america what it wants. "And if all central banks join in with the Fed in pushing inflation-adjusted interest rates into negative territory, then there always is gold." "there is little reason to be concerned about deflation here in the US of A. But, because we are the biggest net-debtor nation in the world, deflation could beget more deflation as it would make it more difficult for us to service our debt. So, as net debtors, we Americans want inflation, not deflation. And Greenspan aims to please us now, just as he did when he created the credit to inflate the stock market."

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