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To: Ilaine who wrote (35755)	7/5/2003 4:01:35 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

CB, given your self-professed mathematical dyxlexia, I'm surprised you are partial to partial differential equations. Those ones seemed a load of old cobblers. My theory is that economists are wanna be mathematicians, who trundle out some mathematical stuff to give their reality-detached theories an air of credibility. I noticed that he predicted a USA deflation in 2000 or was it 2001, starting within a year of then. So far, he's wrong. Which is not surprising given the ability of the Fed to pixelate as many dollars as they like. When the length of an inch is shrunken by 50%, the apparent length of a piece of string doubles. It's a bit like the theory of relativity. As the rate of printing approaches the speed of light, the whole ball of string unravels and we get a Plank length singularity as big as the whole universe. If we use the piece of string as our monetary measuring stick, things such as debts and values go awry. Or something like that. Mqurice

To: Ilaine who wrote (35755)	7/5/2003 4:27:25 AM
From: smolejv@gmx.net	Respond to of 74559

>>The US consumer needs to purge himself/herself of high interest debt ASAP or drown. << This is one of my primary concerns ... Probably this comparison will go too far, but I have had my share of inflation with cojones (30%/y) in YU. I ended owning essentially debtfree a house I would otherwise have to work for, oh well, 30 years. How did this property end up on my books? I bought and and signed IOUs for the next few years. The inflation then stole it from somebody else, I'd guess. Of course I was much more blue eyed than I am now, so it just happened this way, no criminal intent (have to be precise, right CB). Had I some more practical sense, I could own all the castles I wanted... Actually (the external cause) the central bank, to keep everybody happy and paper over the internal conflicts, just flooded everybody and everything with dinars -a cyanide solution to leach out gold, like retirement accounts of my parents etc.