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


To: Elroy Jetson who wrote (55298)11/1/2004 6:03:32 AM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
>>absent the massive monetary creation to pay for bank defaults, prices would have declined by 55% and they would have benefited more<<

I guess that would be relevant to a bunch of old folks on fixed incomes. But on this thread we're more like a bunch of pirates out looking for a chance at some good looting.