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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: SouthFloridaGuy who wrote (75034)2/21/2008 5:01:10 PM
From: Mike Johnston  Read Replies (4) of 116555
 
Yes , the solution is to stop out of control money supply growth rates by raising rates to 10% or higher, but not just by the Fed, other Central Banks as well.

Tighten the money and you solve most of the problems like inflation, lack of saving, asset bubbles, massive fraud and corruption, global misallocation of capital, collapsing living standards, global trade imbalances, lax lending standards etc.
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