SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ForYourEyesOnly who wrote (60383)5/23/1999 11:13:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
THC, there would be huge pressure to reniflate in the US, just as there was during the Depression. The problem is, to reflate, you have to have people willing to borrow money to add more capacity. You have to have consumers willing to mortgage their future to buy beanie babies. You need govt. officials to ignore their chances at reelection and return to heavy deficit spending, something I see as very unlikely. And you need confidence from both the corporate and consumer sector. I think that confidence will be hard to restore once many 401Ks are wiped out and most of the options with which employees have been paid expire worthless. The govt. will try to push on the infaltion string, but the string only moves when conditions are right.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News