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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (12296)10/7/2001 1:56:19 PM
From: ubetcha  Read Replies (1) | Respond to of 82019
 
Searle,
If you want to respond to someone that you will not offend, you can respond to me. I am pretty much immune to being offended. I have my views, and others have theirs. Thank you for your words to me in a previous post. I am pretty much of a Libertarian also. I am very much a fiscal conservative, and a personal rights liberal. I am a firm believer that Clinton, and his treasury secretary Robert Rubin have set us up for a serious fall. This was done very much prior to the 9-11 disaster. Yes, the terrorist attack has hastened the downturn in our economy, but it was headed in that direction anyway. Inflation, in my opinion, is an increase in the money supply. All the normal things that people associate with inflation are just the result of a bad monetary policy. Alan Greenspan continuing to lower interest rates, and pumping money into the marketplace is not going to cause anything except an increase in prices down the road. Our citizens have already spent all they can, and more than they have. Sooner or later they must quit spending, or declare bankruptcy and start all over again. This is true of business also. Spending by our government to bail out whoever is currently on the "poor boy list" only does the same thing. They have to go and print this somewhere, or create money out of thin air. Sooner or later it starts to become worthless. What stupidity! Oh well, maybe we can reward ourselves when the price of gold breaks out. I really like your and Toms exchange of ideas. Have even done some research into the 9's. Thanks Again
Terry