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Politics : Stockman Scott's Political Debate Porch

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To: lurqer who wrote (7197)9/23/2002 5:49:28 PM
From: Jim Willie CB  Read Replies (3) of 89467
 
GreenUrine is succeeding with money supply liquidity
but he cannot control its destination

it is going into commodities
which will keep corporate costs and household costs high
and reduce both earnings and savings respectively

I anticipate stagflation that lasts longer than the 1970's
and coincident inflation that might rival the 1970's
the big difference now is the presence of China

/ jim
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