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

To: mishedlo who wrote (66640)	7/21/2006 2:50:45 PM
From: Mike Johnston	Read Replies (3) \| Respond to of 110194

Would you you rather take 5% and lose to inflation or take a 20% beating in the stock market and lose to inflation on top of it. You lose either way, that is why an unsound currency is detrimental to the long term health of economy and wealth of a nation. Maintaining sound, stable money should be the primary and only focus of a central bank, not perpetuating illusory, artificial and selective prosperity that causes possibly irreparable long term damage to a society.