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To: TobagoJack who wrote (13665)	1/18/2002 8:53:06 PM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

Jay: You wrote: >>To try to upset AC Flyer, I will espouse a bit of commonplace philosophy or extraordinary banality concerning an ancient perquisite to survival, namely, ‘expect the unexpected’ and, to not further irritate AC Flyer, keep additional thoughts in (admittedly big) bullet form:<< - and please remember to use words of three syllables or less. >>(d) Printing money to avoid manufacturing deflation in the context of service and asset inflation amidst an overall atmosphere of high debt is a once in so many centuries experience<< I believe that history will judge Greenspan a hero for averting a deflationary spiral by the deft use of monetary policy and ensuring adequate liquidity in the US banking system. >>Do not forget, they (Japan) are also astonishingly quickly depopulating, thus disappearing for real.<< This is an incredibly powerful insight. The Japanese have strongly discouraged immigration, thus squandering the one opportunity they have for driving growth in aggregate demand. The population trend is very bearish for the Japanese economy and stock market. What are the cultural reasons for the low fertility, I wonder? theage.com.au In contrast, fears over Social Security in the US, for example, are waaaay overdone, for the following reason. The U.S. average fertility rate is currently 2.1335 births per woman, the U.S.’s highest fertility rate since 1971. (For comparison, the United Kingdom’s fertility rate is 1.7, Canada's is 1.4, and Germany's is 1.3.). The US is the same size as China but we're about 1 billion souls behind. Got some catching up to to do! npg.org

To: TobagoJack who wrote (13665)	1/18/2002 9:14:20 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

<My mind is troubled that you and I are finding more and more to agree on …> Jay, a truly informed, intelligent debate should end in agreement and a synergistic gang with community of mind, going on to expand consciousness in new ways; a Greater Co-cognition Prosperity Sphere. It's only atavistic territorial barbarians who see debate as a continuation of conquest as practised by chimpanzees through to Neanderthals, Nazis and other master races or nationalistic maniacs. Being still mostly monkey, I'm short of brains. So I need to use other people's brains to fill in the gaps [I have many job vacancies available]. So my primary aim is to find people like Irwin Jacobs and let them do my thinking for me. I align my interests with their's and act in unison. I have no interest in defending flaky ideas I hold. Foolish positions and ideas should be abandoned without hesitation. The problem is to find worthy people who can clear up any falsehoods I hold, or offer perspectives I haven't considered. So, consider yourself flattered. [Jay checks wallet, feeling suspicious ... ] You should worry if I was still poles apart from your positions because it would mean I am convinced I'm right despite considering your range of ideas and argument. Speaking of using somebody else's brains, is it time for me to buy GX notes or wait another 6 months? I think I'll wait until I find out what happens in the parallel universe of Globalstar notes. Mq