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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (47067)3/6/2004 7:02:21 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hi CB, I agree with your post. I especially appreciate the summation:

<<Money is as necessary for our existence as air and water. When the money goes away, depressions are inevitable.

A long time ago, I started out asking the question "where did the money go?" I now know that the proper question is "why did the money go?">>


I add a few additional points for folks to ponder over.

I first tack my questions to your questions.

(a) “what is money?”
(b) “can money be simply printed and dropped out of helicopters and still be money?”
(c) “what happens when the monetary authorities try to print, helicopter in, and inflate or reflate, or reflate the inflate?”

I also offer some age old thinking on the questions, from a time before a helicopter was not more than what Da Vinci figured:

achamchen.com ( achamchen.com )

and

achamchen.com

Chugs, Jay
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