To: bvw; Tauzero; Matchett-PI; Ken H; rohry; headsonpikes; RCW2001; blam; hannosh4LtGovernor; ...
Here is an interesting editorial by Nelson Hultberg regarding the PPT. It is speculative theory but it presents a different view. The only thing that I would like to personally add is that in my own view, it would be a mistake to underestimate both the power and the willingness to use that power, of the FED, the gang of 22 and the power elite of Washington.
CORNERED RATS AND THE PPT
Richard W.
25 posted on
04/06/2003 7:22:14 AM PDT by
arete
(Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
To: arete
CORNERED RATS AND THE PPT.
Does anyone doubt the Rubin/gold scenario of this editorial ? Definitely gold and silver are not at a free market price at this time.
As for the PPT, events do champion its existence. The actual proof will turn out to be an absolute disaster. And then again should there never ever be any proof, ...
HOW do we continue to increase the amount of money and debt forever without a pull back. Reflation will not occur with low rates and more liquidity if debt starts to get paid off and the average flow of money does not go into chasing more goods causing higher inflation. Then, what after that, should that occur.
The markets and the populace WILL be the final arbiter and I don't think any fiscal, monetary or manipulative schemes can control the public and its pocket books. After all, how many new cars and million dollar bungalows can we buy ?
Are the 04 models out yet ??? I understand they'll be much snazier, put all prior models to shame and cost you less but have a higher sticker price or is that cost less at the sticker and less per month over the next 6yrs of the contract with no down, no interest and no payments for 2yrs. I think I'm going hook, line and sinker on this new model.
Or maybe it's that million dollar bungalow over in the next neighborhood. 2% now for five years then higher rates later but I can sell in 3yrs and move up. WOW !
27 posted on
04/06/2003 1:37:26 PM PDT by
imawit
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