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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (45496)2/3/1999 9:17:00 AM
From: valueminded  Read Replies (3) of 132070
 
Mike:

1.I thought when you had first bought the CDWC, they were april 70's purchased at around 2-3. Since the bid is 5 how do you get a quadruple unless you averaged down from your first purchase of them.

2. Ref money expansion. Mike, unless I am wrong (which is quite possible) wouldnt you expect that this would end in an inflationary cycle. If money grows by 15% annually and inflation + GDP growth is approx 7%, what happens to the other 8% . . . either it shows up later in terms of inflation or it has to be destroyed somehow. Yes/No ? thanks

3 Ref - the fed model for stocks. Is this for real ? Only 17% overvalued according to them. Seems like it leaves a lot of stuff out. Like risk <g>
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