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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (144408)	1/17/2002 3:24:02 PM
From: Ken98	Read Replies (2) \| Respond to of 436258

Wow, Greenie (on the Clownbuck) is sounding a lot like Irving Fisher in 1929 (on stocks): <<Central bankers' success, however, in containing inflation during the past two decades raises hopes that fiat money can be managed in a responsible way. This has been the case in the United States, and the dollar, despite many challenges to its status, remains the principal international currency.>> Message 16924357 I would revise his remarks to: "Cental bankers' success in containing the PERCEPTIONS of inflation .... over the last two decades..." No small part of which has been the keeping the barbarous relic firmly placed under their thumbs. This sort of hubris by that senile old fart likely will be a high-water mark for the Clownbuck.