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

To: Maurice Winn who wrote (14584)	2/7/2002 10:14:41 AM
From: LLCF	Read Replies (5) \| Respond to of 74559

<It does fascinate me though, how intransigent people are to the countervailing argument while refusing to actually address the argument. I think the foundations of that natural phenomenon are the same foundations which lead to irrational exuberance.> Well, it's going to be tough to change folks opinion who have an economic bent on that one. Since you yourself agree that money printing IS an issue, I don't think that there is any economist of any school that doesn't think excess money printing [through lower rates] doesn't lead to a change in individual indiffernce curves in favor of more borrowing & speculation. Other economists help me out here. BTW.... seeing the header on the thread..... is anyone talking about the seemingly counterintuitive rally in gold vs Yen during a depression??? DAK