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To: timers who wrote (55962)1/10/2001 10:14:54 AM
From: pater tenebrarum  Respond to of 436258
 
all interest rates save those on corporate bonds would decline sharply. gold's purchasing power would rise (though its price may not), making gold miners a better investment than bullion, as their input costs would fall. all other asset values would be shredded, and huge gobs of private sector debt defaulted on.