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To: Mike M2 who wrote (117437)	8/18/2001 11:13:24 AM
From: Crimson Ghost	Read Replies (1) \| Respond to of 436258

Agree about AG. His easy money policies worked for awhile because the US position as the world's only superpower kept the dollar strong long after it should have toppled based on fundamentals. But with the buck finally rolling over and continued massive overcapacity in tech because of the Greenspan inspired boom -- his luck has finally run out.

To: Mike M2 who wrote (117437)	8/18/2001 11:33:28 AM
From: AC Flyer	Read Replies (2) \| Respond to of 436258

Bill: Thank you for the thoughtful response. >>The austrian school objects to monetary inflation because it creates unsustainable imbalances and distorts the demand/output structure of the economy.<< Agreed. Where do you see inflation? >>It is too early for most to understand but in time people will understand why history will judge AG very harshly.<< Many people said that about Ronald Reagan. He is now seen as one of our greatest Presidents.