Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Don Lloyd who wrote (14766)	2/10/2002 3:32:29 AM
From: Maurice Winn	Read Replies (2) of 74559

Don, true, but if the political will to maintain a solid currency is maintained, the cost of the currency becomes important. That's why the US$ is so tough and trusted. It costs nearly nothing to produce, is backed by a mystical incantation "In God We Trust" [and Uncle Al], but is the most popular currency on the planet [other than family relationships and trust]. Your point is why I believe the Q will take over from even Uncle Al's mystical, magical, money. Something which removes the government's ability to arbitrarily inflate while costing nothing to produce or transact and being totally secure. Not a bad currency! Mq

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