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Cannibalizing The Future


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since it is quiet "There are no instances in history where a government, or anyone else, has been able to prevent an over-valued stock market from following this mean-reversion process through to its logical conclusion, although governments often try. When they try, all that happens is that the bear market turns out to be longer than it would otherwise have been and each hope-rekindling bear-market rally sucks in more of the public's money. As such, the public ultimately loses more money as a result of government attempts to support an over-valued market, including the attempts to indirectly support the market by increasing the supply of money."http://www.gold-eagle.com/editorials_03/milhouse061603.html

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