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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: maceng2 who wrote (24281)10/17/2002 1:47:01 PM
From: Raymond Duray  Read Replies (3) of 74559
 
PB,

Re: Why go through all that pain when Easy Al can just run up the spare printing press for a few hours a day?

Apparently you haven't been reading the FRB news. Uncle Al is very much like the duck who sits serenely in the stream whilst his hidden legs flail against the current. Deflation looms.

The growth rate of MZM the last two years has been unprecedented. To paraphrase a popular song......"Something's going on here, and you don't know what it is, do you, Mr. G.?

-Ray
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