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

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To: bart13 who wrote (99547)	11/9/2008 8:09:59 PM
From: RJA_	Read Replies (1) of 110194

>>The difference between now and thousands of years of history are the population & productivity mismatch issues that have already been noted. Do you deny that population and productivity are growing faster and can grow much faster than gold available for monetary system backing? This is essentially Roosevelts argument for an elastic money supply... combined with fractional reserve banking leads IMHO to present house of cards... Clearly there must be something better.

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