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


To: redfrecknj who wrote (51643)1/26/2006 8:19:50 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 110194
 
Greenspan's 1966 paper shows that everyone who has studied economics understands the basic fraud of Monetarism.

Only the completely uneducated, like Grace Zaccardi, are ardent inflationists with their child-like faith that additional debt solves economic problems.

As they point out, "when a trillion dollars of additional debt is created, everyone has more money".
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