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

To: yard_man who wrote (13839)	5/13/2004 5:23:23 PM
From: Grandk	Read Replies (1) \| Respond to of 110194

Mises on the Money Supply and inflation: "when they (J6P) realize that the government will go on and on without any intention of stopping (printing money), then they begin to understand that prices tomorrow will be higher than they are today. Then they begin buying at any price, causing prices to go up to such heights that the monetary system breaks down." Seems like a pertinent quote with regards to what you were writing on earlier. It also helps shed some light on the current RE market in CA.