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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Raymond Duray who wrote (44181)1/1/2004 11:53:09 PM
From: Seeker of Truth  Read Replies (1) of 74559
 
Restrain yourself, Raymond. Do you realize that you are forecasting inflation of approx. 24% over the next 12 months?
As to wicked financial plots, I can't and don't even want to ignorantly deny their existence but they won't produce 24% inflation that soon. I think you like to collapse the future onto the present. The US has already gone completely Fascist. It's already profitable to borrow at 24% etc. etc. You lose a good chunk of your audience that way. We daren't buy stocks that way. That's like paying 1000 times earnings because in 3 years the profits will be much greater than now. Or selling IBM short because statistically it is likely to be gone by the 23rd century.
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