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To: Lucretius who wrote (63748)1/31/2001 5:40:39 PM
From: patron_anejo_por_favor  Respond to of 436258
 
HO HO HO! The ProlerBear dude got a mysterious visit this morning:

bearforum.com

Hope BubbleBoy enjoyed the cartoons!<G>



To: Lucretius who wrote (63748)1/31/2001 6:21:22 PM
From: Andy Thomas  Read Replies (3) | Respond to of 436258
 
hi Heinz,

do you think redspam could inflate into hyperinflation?

was the money supply increased about 20% last year?

if so, what if they decided to increase it 100%, 1000%, etc., before it collapsed?

is there any chance of that happening?

i mean, how much further will they be willing to go with this money creation?

thanks in advance,
Andy



To: Lucretius who wrote (63748)1/31/2001 7:27:16 PM
From: pater tenebrarum  Respond to of 436258
 
it would be, yes. i didn't know they had done that? i was aware they bought some at a BoE auction, but was under the impression it was only very little compared to their grand total hedge. i know GOLD covered its entire hedge book that time.

anyway, we had lease rates soaring that time...that makes forward selling unprofitable, and that may have forced their hand a bit.


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