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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (36363)7/22/2003 7:17:58 PM
From: Raymond Duray  Read Replies (1) of 74559
 
Mq,

Re: but the wonder of what he achieved

Pundits were saying exactly the same about John Law in Paris in early 1720, just before the Mississippi Bubble burst. And about the FRB's Arthur Burns in 1974 before the hellstorm of inflation he set the stage for started to spiral out of control.

Beware false gods, and doting sycophancies with equal fervor. :)
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