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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: CalculatedRisk who wrote (37319)7/30/2005 2:47:06 PM
From: philv  Read Replies (2) of 110194
 
Greenspan recently said the money supply is being managed as if it was based on a gold standard, so going back to gold is completely unnecessary.

Bernanke, however, opined that the FED has a thing called the printing press, and if necessary, he would fly his helicopter and throw money out the window.

It therefore goes to prove that Greenspan's way is best, because can you imagine the problems if Bernanke had to throw gold out the window, that is if the chopper can get off the ground in the first place. Look out below! Oh, my, the humanity!

Those that survived a direct hit would be fighting tooth and nail for the shiny stuff.
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