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

To: Mike M2 who wrote (14619)	2/8/2002 10:50:31 AM
From: Moominoid	Read Replies (1) \| Respond to of 74559

And the housing market!

To: Mike M2 who wrote (14619)	2/8/2002 5:50:34 PM
From: AC Flyer	Read Replies (3) \| Respond to of 74559

They can say what they like. The only inflation that matters is in the price of goods and services and in the cost of labor. The world is totally different now than in 1929. In 1929 there was no FASB, no GAAP, companies reported their results however they liked. There were no controls on margin loans. You make a good parrot, Mike. You love to quote "the Austrians." Now why don't you try explaining, in your own words, how Federal Reserve monetary policy and open market operations cause increases in the prices of financial assets.