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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (21134)6/10/2004 5:17:48 PM
From: philv  Read Replies (3) of 81700
 
Yup, that's more like it Searle. Big problem for these guys. They have so much money and don't know what to do with it. But it is only money, the one great American success story, the manufacturing miracle, manufacturing money out of thin air. Pretty soon they will have so much of it they can use it as toilet paper. (might be uncomfortable however as it is classed a "hard" currency)

Seriously, I wonder how much of the economy is related to finance and financial matters such as stocks, bonds, banks etc. That is a growing industry, and the U.S. is working on a world-wide basis, financing activities globally.

Why would anyone want to hold gold when all the action is in paper dollars?
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