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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Dwight E. Karlsen who wrote (30692)	10/20/1999 2:45:00 AM
From: Berney	Respond to of 99985

Dwight, I find it interesting how often we seem to agree. Nevertheless, I posted some time ago that the only issue really inflationary to this economy is rising interest rates. The other stuff (i.e. oil) is only a very temporary supply and demand issue. Every time I post this, I get a lot of grief; however, I'm thick skinned. I adhere to the concept that inflation is only related to the debasing of the monetary unit of currency by the government of the people, by the people and for the people. It totally relates to those printing presses running at the GPO 24 hours a day, and regardless of whether they state "In God we Trust." The powers that be will be meeting in the next few hours to decide how to spend our budget surplus. If it is a budget surplus, the very simple question needs to asked: Why is the national debt rising? Further, why is this entire population willing to pretend that there is a surplus? My mother brought me a cartoon that states that on your next tax form you will be asked whether you want a dollar of your refund to be dedicated to spin control. In retrospect, I probably should have labeled this as "OT," but I am one that refuses to think so! Berney