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Gold/Mining/Energy : Precious and Base Metal Investing
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To: russwinter who wrote (14759)7/26/2003 9:15:18 AM
From: austrieconomist  Read Replies (5) of 39344
 
Why so cocksure about the conclusion of the inflation/deflation argument, Russ? Japan has done all the things that Greenspan and Company have done the past 14 years and prices are still declining there. Moreover, their central bank has been far more active in the logical intervention scale than the Fed -- monetizing bonds at the long end and even monetizing stocks.
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