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

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To: Little Joe who wrote (99854)11/23/2008 7:27:52 PM
From: Robin Plunder  Read Replies (1) of 110194
 
"I think the arguments for a "debt currency" and a "government issued" currency for lack of better terms, are that we cannot trust government to restrain the issuance of currency in government issued currency economies and that in debt currency economy we cannot trust the bankers to keep the game fair."

i think history shows that you can count on them not to keep the game fair or the currency at stable value...

robin
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