Hello Maurice, <<holders of dollars ... have given up and gone shopping for investments ... next bubbles are burgeoning, Uncle Al [or successor] will raise interest rates again as sure as the sun rises each day>>
... I absolutely agree, and note the process is still progressing.
<<... Then, we will see who is over-exposed with debt and what assets might be for sale>>
... ditto, but the timing could be quite long away.
<<I am betting that there isn't going to be a great inflationary boom ... >>
... my bet is that stagflation, reality or not, will become a genuine and delicious fear. Only the fear, however momentary, is necessary to power the market, not the reality.
<<Uncle Al and co will keep things steady and put the squeeze on when the time is right>>
... when things tip over, it will, as it always had, create a mess, without fail.
<<... currency will hold its value and remain the world's pre-eminent means of exchange>>
... we shall see, Maurice, we shall see. I think Message 19144285 and Message 19139938
<<Q372 G361 .... not far apart, but one is paying a dividend and earning big profits and enjoys a fattening bank account and huge sales to a barely touched market>>
... yes, perhaps, maybe, and in the mean time Q is to be harvested, repeatedly taken advantage of, straddled to delirium, used to fund G purchases, until something better comes along to make Q unnecessary, as something always, without fail, does.
Chugs, Jay |
