To: BenLurkin
i don't know for a fact but I suspect this author is too young to actually remember the 70s and all that contributed to stagflation.
Conservatives have long held that deficit spending was -- long term -- a cause of inflation. Unfortunately this naive writer puts the taxation cart ahead of the spending horse.
An interesting article nonetheless.
2 posted on
11/19/2005 12:03:44 PM PST by
BenLurkin
(O beautiful for patriot dream - that sees beyond the years)
To: BenLurkin
Thanks for the post.
Demand from China and India will, I believe, keep natural resource and energy stocks the place to invest for at least the near future. If you invest at gold at the right time you can make a killing within a year--or lose a ton.
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