The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (86568)	9/19/2007 12:26:27 PM
From: Mike Johnston	Read Replies (1) of 110194

Mish can write in a logical way, he has decent knowledge of economics. However if i followed his advice i would have been wiped out by now. Where is he wrong ? He wrongly assumes that : 1. We are operating in a a free market environment. 2. the Fed is independent and is not corrupt. 3. The Fed will not print money. 4. Money supply can only be increased with new debt. On which side of this debate you are now will determine your survival in the next few years.

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