To: Landon Thoma
From: Jeffrey Epstein
Sent Thur 9/2/2010 1:25:35 PM
Highlights, I . , the so-called economy is no longer well defined. there are too many diverse
pieces„ both domestic and international. unemployment, corporate profits, technology upgrades,
retail, housing, are no longer linked . add to that the fact that my dollar buys much more house in
new york and much less in London.. so is my dollar inflated or deflated, that was a meaningless
questions before it became apparent that i could do the exact same business, in either place. 2.
There is an unprecedented amount of cash sitting this out, It has to go somewhere. 3.Our pension
system depends on real rates of returns, treasurys cannot substitute for real returns.
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