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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (1371)	2/26/1999 3:59:00 PM
From: porcupine --''''>	Read Replies (1) \| Respond to of 1722

"... such greenbackism may be carried on successfully to an extreme where all the critics are confounded and the old natural laws seem to have been repealed. But the longer the inevitable is postponed, the more inevitable it becomes - and the less expected. We often mistake the absence of warning signals for the absence of danger. We shall be lucky if, deceived by the strength of our currency, we do not stretch it to the breaking point." >> How long ago did Graham write that --???> > It's from the 1937 book that I quoted in the link ... 62 years of becoming "more inevitable"? Of being "lucky"? This sounds like a prediction that evades easy disconfirmation -- no matter what the evidence. Non?