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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: Keith Monahan who wrote (1312)2/28/2001 11:29:36 AM
From: ahhahaRead Replies (1) | Respond to of 24758
 
All of the questions are associated with two issues: when are you going to open the money floodgates and shouldn't we get rid of the tax cut. The level of stupidity is appalling. Since the majority of Americans are working under the same delusions, we are in grave danger. It's like the California energy mess. Authority has no clue about the problem and the people seek a solution which will worsen it.

You can see on AG's face that he's tired of all this garbage. What will the growing socialist trend in the country choose to replace him when he goes which won't be long? One can only hope that he leaves before Bush's first term is up. I think it likely. The Bush Administration is all the country has left and Democrats are religiously determined to smash them into pieces. So no matter how much one can consider AG incompetent, in comparison to the boobs on that committee, the university professors, and 99% of the powers who control, you have be sympathetic.



To: Keith Monahan who wrote (1312)2/28/2001 11:57:12 AM
From: AhdaRead Replies (1) | Respond to of 24758
 
Keith I too questioned that one though I probably don't have it in proper context. When AH says this is a lie or he is crazy I would opt for he is totally consumed by figures.

His assumption is if there is enough money out there will be no contraction. From my point of view there was expansion but it hit limited sectors and benefited a few.

The bonus in this is that prices on numerous items allowed those with less to have more. This bonus however was mainly due to the ingenuity of corporation who took advantage of producing out side of this nation. We were over priced in our labor market.

I constantly wonder at what point does one destroy the value of a dollar. Or does AG assume that all nations in the world will use the same method of interest control he has chosen for our Fed. The problem however is that in China and India due to high poverty there is adequate room for natural growth and domestic need.

The political ends of both these nations are in my opinion part of AG luck at present. That will change as time goes on.

Then the question will become if their dollars are handled well the value of their unit could be far greater than ours which could very well have become world surplus.

It is too many dollars that cause inflation, it is not supply demand.

AG categorized this era as being the tech leaders of the world. Yet refinements on that very tech have taken place elsewhere with less cost and more efficiency.

I do hope he is right. It costs many pesos to buy a house in Mexico.