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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (11177)	11/19/2001 7:38:54 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

The guy's relevation, that the monetary bubble (let's call a spade a spade OK) i) causes no inflation and ii) makes the rich even richer, sucks. First the increase in money supply is causing assets inflation - real estate at least, and the equities also, although not anymore in the old scales. Second, "makes rich richer" is a non-statement: if they're on the right side, fine, if not, the rich will get poorer, but then the rule does not apply anymore (g). Are the rules of the game bent to their advantage? Well, of course, as always. But AG had nothing to do with it. Anyhow I can understand his thinking process - I myself am evidently plodding down that road myself. dj