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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST
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To: Slagle who wrote (22174)9/22/2007 3:35:45 AM
From: Maurice Winn  Read Replies (1) of 217836
 
<Which will again cause a transfer of wealth from the many to the few,>

I am hoping to buy a house in the USA at a bargain price, for wintering during June, July, August. Alan Green$pan KBE is amazing.

I enjoyed his interview on Fox several days ago. Very good. The world was so lucky to have him keeping the biggest financial system in human history on the rails for 20 years [over half the life so far of the free-floating financial fiat fantasy since the demise of the gold standard].

As a youngster, I used to be somewhat puzzled about the "promise to pay on demand the sum of five pounds" written on bank notes. I soon figured out what it meant.

For years afterwards, I think the promise was still written on the NZ$ [if not others - I forget]. Now it just says "This note is legal tender for $100" or whatever. There is NO promise. At least they have stopped lying.

Alan Greens$pan is not in the slightest responsible for the price that people put on houses. Each buyer decided to pay the price they agreed to pay. NONE of them consulted Alan Green$pan for guidance on what was the right price.

It's funny to see people blaming him for how much booze they drink, just because he runs a brewery. "If you didn't make so much of the damn stuff, and so cheap, then I wouldn't have this hangover. It's all YOUR fault!!!".

You can lead a horse to a brewery, but you can't make them think. They are herding animals and blaming Uncle Al KBE because they got into a drunken stampede over a cliff is silly.

Mqurice
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