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Monday, August 13, 2007
HYPER-LIQUIDITY ALLOWS OVER PRICED ASSETS TO BE BID UP!
AND THAT IS CLASSIC INFLATION! WHY? BECAUSE THE ASSETS ARE NOT "WORTH MORE"...THE DOLLAR IS SIMPLY WORTH LESS...!
TRUE, THIS IS THE BELOVED "ASSET INFLATION" THAT THE FED LOVES TO FINANCE... BUT IT IS INFLATION NEVER THE LESS...
