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whidbey's
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actually tips are such a bargain for the Treasury due to fear. Simple fear that no one is driving the bus and it will go off the road, so the man with the press is the man to love. I do love Hank the old stinker, he has the markets so confused that nary a soul will be able to figure it out. But Treasuries are not income paper, just a return of capital offer. I think that is good all things considered. Z
Aug 20 16:24 pm
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All Comments by whidbey »The Great Inflation Debate [View article]