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

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To: bart13 who wrote (91400)	2/8/2008 12:02:01 AM
From: Real Man	Read Replies (1) of 110194

I studied Soviet economic system a bit, and it did not make any sense, cause funds got shifted from place to place, then simply disappeared. It's gonna blow! I thought at the time... That was in 1986. I have a similar feeling about the Fed system, even though it lasted longer than the Soviet Union. Complicated, messy, secretive, centered around the printing press (of course), printed funds shifted in ways unimaginable, which usually means they settle down in someone's pockets. I guess the gold standard in the early days really helped. We'll be going back that way, the Fed is gonna do self- destruction. -ggg-

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