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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (42972)	1/12/1999 8:14:00 AM
From: valueminded	Read Replies (1) of 132070

Mike Bankruptcy wont be a problem. As long as money is available for the having (courtesy of AG) and the money expands at double digit rates, and no competition for the dollar so foreign govnts are stuck with buying are debt, it would seem these companies can continue to issue shares, debentures, bonds etc to finance cash burning operations ? imo. Ooops but what happens if countries figure out we are expanding our money supply at such a huge rate ? Gee I wonder if they think they could get stuck with inflated dollars ?????

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