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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (54006)	2/16/2006 2:20:14 PM
From: benwood	Read Replies (1) of 110194

I agree with that statement completely -- it is the way gov'ts manipulate fiat money that dooms it. Their use lacks discipline and restraint and they continue to believe they can get something for nothing. Actually, they do get something for being fiscally reckless -- elected. So anybody who recognizes the fallacy (e.g. Ron Paul) is ultimately doomed to be replaced by somebody who believes in magic.

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