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Strategies & Market Trends : Financialsense (FSO) - Jim Puplava forum

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To: sea_biscuit who wrote (53)12/12/2007 10:00:06 PM
From: Valuepro  Read Replies (1) of 125
 
Thanks. For other urgent and profound peaks at the undercurrents of the national and global economies, check these worrisome bits....

sfgate.com
blogs.marketwatch.com

"Jim talks about reinflationary fiscal stimulus in the coming year. Anybody care to guess what it could be?"

Well, I think you got a taste of that today with the Fed announcing that they and their brother central bankers are about to dump many billions into the US and global economies to keep banks afloat. This is most representative of what Helicopter Ben said many months ago, that the Fed can always dump more money into the system to fix any worries. The problem is there comes a point where the technique begins to fail, because the system begins to refuse fiat money as a stable and reliable medium of exchange. And history shows that this is exactly how every other experiment in fiat money has ended.

VP
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