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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (8532)2/28/2002 12:02:07 PM
From: kirby49  Read Replies (1) | Respond to of 36161
 
Wayne:

Was going to jump in earlier, but was surfed elsewhere for a while. (checking FCX, PHNPI (:

In short, we have a system in equilibrium. Yes

If money gets cheaper, costs go up to off set it. Maybe<GG>.

We're in the early 70's rather than later. Inflation and deflation simultaneous creating equilibrium. Since Easy Al controls one side only, his act is to try and balance and his only choices are to increase or decrease rates at which he prints, as stopping the presses totally would be disasterous(at least to his reputation, it might actually correct all the wrongs quickly unlike Japan).

So the effects, as in differing rates of increases of prices and salaries will be seen later as they were before, but different, in ways we possibly don't know yet.

Hope this doesn't stir up clear waters for you for your view to KISS is the correct approach IMO.

Regards

Bob



To: TheBusDriver who wrote (8532)2/28/2002 1:16:15 PM
From: c.hinton  Respond to of 36161
 
"In 1973-74 we saw the turning point of another Kondratieff ,one which had begun in 1945(with an upward phase of about a quarter century,whichis about normal)but this may also have coincided,as in 1817,with a reversal of the secular trend,making it a double watershed.I am inclined to think that this is the case,although I have no evidence for it.and if this book should fall into the hands of a reader some time after the year 2000 he or she will be able to chuckle over these lines,much as I have(with arather guilty conscience) chuckled at some unwise prophecy from the pen of JeanBabtist Say." Fernand Braudel 1979,history of civilization & capitalizm 15th-18th century