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To: orkrious who wrote (23451)2/12/2005 8:19:05 PM
From: Elroy Jetson  Respond to of 116555
 
I must demur.

I am wondering when "the pain of not making the change far exceeds the pain of changing" will start to manifest itself in the mainstream news, the stock market, and the gold market.

I believe you're looking for a fortune teller rather than an economist.

It is difficult to determine in advance what degree of monetary perversion the public will be willing to accept in order to avoid change. I'm afraid history shows that the collapse of Monetarist regimes are just as likely to lead to a "Hitler's Third Reich" as Capitalism.
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