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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (478)8/25/2003 10:26:58 PM
From: Haim R. Branisteanu   of 110194
 
to be prosperous and young Goethe's Faust also sold his soul to the devil .... we know the end

Part Two begins with Faust recovering through the power of Nature from the emotional buffeting he has undergone in the disastrous episode with Gretchen. With his constant companion Mephistopheles, Faust attends the Emperor's court. The empire is in financial ruin through the extravagance of the court, but Mephisto and Faust offer a solution to these problems. Till now the currency of the empire has been Gold, but there is not enough to support the extravagant spending. Mephisto suggests an easy answer - since there is undoubtedly much gold as yet undiscovered beneath the land, which belongs to the Emperor, then surely a promissory note can be made for the value of such gold. He showers the Court with the new paper money. The foundation of the empire has been moved through Mephisto's cunning from the solidity of metallic gold to insubstantial promises on paper. Faust acting the role of magus is asked by the Emperor to conjure up the spirit of Helen of Troy. Goethe is here drawing upon the story about Johannes Trithemius conjuring spirits before Emperor Maximilian.

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