Besides buying gold, hedging with Yen, taking care of the next generations need for energy by keeping status on energy of all sorts, and voting for China with faith in the Noble Group, we perhaps should also be acquiring a stake in the spendthrift Empire officialdom's effort by buying Fannie and Freddie, two of their many minions who will do some of the dirty and wet work, and maybe even loading up on JPM and GS. I hope you all have had the pleasure to read "Fiat Money Inflation in France", for all we are doing is playing out that old script, except the politicians of yesteryear were more eloquent due to genuine learning, and not by and for the sheeple which guarantees that small town mayors and know-nothing legal beagles get elected to obey and serve the establishment interests run by the true aristocratic elite. I am OK with any system, one of free market at one end, the other of Zimbabwe market, combining inflation with price control and shortages of everything. I just want to know the rules, know when they will be changed. As of now, gents, we are clearly marching down the path newly explored by MR. Mugabe, he of the democratic Zimbabwe. |