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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lhn5 who wrote (36065)7/22/2005 7:18:58 PM
From: Elroy JetsonRead Replies (1) of 306849
 
Obviously you're not a Monetarist true-believer, like our pal Grace is.

Your comment suggesting that additional debt formation merely postpones the inevitable collapse, until someone else's watch, is too well grounded in reality to permit you to be a Monetarist.

A real Monetarist like Grace has drunk the Kool-Aide and really and truly believes that an increase in the "Money Supply" (whether through debt creation, dropping money from helicopters, or mailing everyone a check "because its their money") solves all problems.
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