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To: Haim R. Branisteanu who wrote (5704)7/25/2000 2:46:03 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
Haim, since he must know very well that he has been instrumental in creating a credit-led crack-up boom in the Austrian sense, it suits him to dispute the theory's applicability to the situation. to argue otherwise would be tantamount to admitting failure ahead of the inevitable bursting of the financial bubble.

we'll see what explanations will come forth after the boom ends in characteristic fashion...



To: Haim R. Branisteanu who wrote (5704)7/25/2000 3:28:25 PM
From: LLCF  Read Replies (2) | Respond to of 436258
 
<The damage he is inflicting on the future of the world economy is staggering. IMHO he is completely senile and a puppet in the hands of this administration.>

I don't think the administration has a clue... I think he believes it all very much... he would also be the first to admit he really has no idea if there is too much credit and money growth or not.

DAK


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