a) If you got a do-over and had to go from 1981 to 1985.. How would you do it?

Do we need the sky high interest rates and the massive foreclosures in the heart land?
Isn't there a better way?

b) Isn't that what we are facing...now??

I guess my answer is that I would stretch it out to at least double the amount of time.. like 10 years.. we don't need to pop the commodity bubble all at once.. just let a little air out as we go..  Again I believe that grains at least will be supported until it starts raining again.. It's just that we may not have as much help from the investment funds this go around as we did in the past.. which I believe we are also seeing.. also from time to time.. you may see the Fed start to tap on the brakes if they see inflationary pressures.. going forward.. admittedly we may still be a year or two.. or three.. or even longer from seeing this... just that I DON'T Believe you're going to see the FED STANDING on the GAS PEDDLE like they did the past couple of years.. either.

jmho.. "I could be wrong."

later.