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

To: AC Flyer who wrote (14883)	2/11/2002 2:39:07 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

ACF, Yes, by changing the length of the measuring stick, we avoid deflation. Uncle Al can change the length of the $ any amount he likes because it's an abstract entity. People seem not to grasp that point at all, or understand the consequences. I think I've got it. He just needs a target, some basket of goods, services, or whatever and he can increase or decrease the length of the dollar so that the size of the basket remains constant [or increases by 3% a year - it's good to print a bit extra as profits of control]. I like it when everyone is on the same cosmic frequency. The music of the markets should be a thing of harmony and beauty, not jangling conflicting sounds, confusion and discordance. <Uncle Al has achieved the mythical, miraculous controlled depression> What depression? Mq