Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: valueminded who wrote (43133)	1/13/1999 9:39:00 AM
From: Mike M2	Read Replies (1) of 132070

Chris, one thing you can count on is AG will do the wrong thing as he has over the past several years- many would take issue with this statement now but see what they say by the end of the year. AG has presided over the greatest credit expansion in history. Price inflation is low as it was during the 20's in the US and during Japan's bubble days in the 80's. The current monetary inflation is in the financial markets. The markets will limit AGs ability to cut rates because the dollar will suffer at some point due to the cuts. Any attempts to prolong the life of the bubble are foolish because the end result will be greater damage to the economy. This economy is fueled by unsustainable trends consumer spending and debt growing faster than incomes, dissaving, wealth effect of the stock market and easy credit. Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next