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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Hawkmoon who wrote (8931)3/14/2008 8:15:21 AM
From: John Pitera  Read Replies (2) of 33421
 
Cnbc--- 8:07 am et-- we must allow inflation to occur.....

Rick Santelli at the chicago exchange points out the due to the Jeckyl Island Ga. meeting where the Fed was created in 1908 - 1909, we are in a monetizing mode.

I am and continue to believe that there is absolutely no political will for us to not monetize and inflate our way out of this debt quagmire.

John
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