SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude Cormier who wrote (32246)9/5/2003 11:03:59 AM
From: isopatch  Read Replies (1) of 36161
 
Claude. You over estimate the power of the FED. In fact,

you sound like someone who implicitly believes in the socialist ethic that command and control economics can work in the LT. The demise of the old Soviet Union and it's satellite empire proves that's not the case.

CBs and governments are straws in the wind compared to market forces. They still, fortunately I might add<g>, make up a minority of the GDP world wide with China and other Asian economies actually reducing the role and influence of government run enterprises vs the opposite trend in Europe and North America.

And it's pretty obvious which civilization is rising and which is in decline!!

Market forces will prevail and Greenspan's command and control FED (along with the other governmental and WS entities allied with it) will fail and fail dramatically to stem the overwhelming power of the emerging deflationary super cycle, in the years ahead.

Looks like I'm late, now. Really have to run.

Have a good day in the markets.

Isopatch
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext