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To: BGR who wrote (43619)	5/27/1999 4:15:00 PM
From: Lucretius	Read Replies (3) \| Respond to of 86076

I never said the US of 1980 and Europe of today are in the same situation.. you said raising rates destroys an economy... I disagree. Sometimes some short term pain is required to ensure health in the longer term.. all part of creaytive DESTRUCTION.. everyone seems to have forgotten about the destruction part of capitalism. Of course we could also delve into the whole idea of fiat currencies which I think are crap.. but I really don't wnat to discuss much w/ you.. cause I rather dislike you. I wasn't saying Europe should have hike rates as soon as the Euro started trading, but they should never have cut... raising now would only take back what they gave up and show they give a flip about the value of the currency.. ie- is the Euro going to be known as a loose currency or a store of value. Store of value is preferred, if a currency is to survive and flourish on the scale the Europeans wish. now, I asked you not to post to me again. Go away. Go play on the DELL thread w/ the other kiddies in the sandbox....