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A different view of the 1929 market crash
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Posted 8/26/2015 14:12 (#4754463 - in reply to #4754281)
Subject: RE: A different view of the 1929 market crash


North Central Illinois
John you are making my head hurt! But please take that comment lightly. I greatly appreciate your time you devote in sharing your views.

I too am trying to understand the circumstances we find the world markets are in and how best to navigate through what is coming.

Please help me clarify some of my confusion by trying to build a foundation.

For this discussion, let's use Martin Armstrong and Murray N. Rothhard (today's article). Would it be safe to say that each man would be on opposite ends as to how they see the problems of this country and hence the world?

Martin Armstong believes:
Number one problem - Bond Bubble
Believes that gold is not money
Capital flow no longer generates income but looks to sustain itself

Murray N. Rothhard believes:
Inflationary Money Supply is the number one problem
Believes gold needs to back the paper
Fed is propping and not letting correction

Two distinct views. Thus, this is why my head is hurting. If you were the instructor and I the student, which way should I write my paper when its topic is: "Understanding the Times"

Thanks,
Mark
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