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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: glenn_a who wrote (9978)3/11/2004 6:21:35 PM
From: Jim Willie CB  Respond to of 110194
 
a deflationary boom might occur when costs escalate out of control
material and resource costs explode in a boom
but how do businesses survive?

the boom involves the component pieces exploding in our faces
but businesses get fractured in the process

the real oxymoron is Federal Reserve bank policy
they are chartered to control prices and bank reserves
instead, they promote inflation and interfere with free markets

/ jim