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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: bart13 who wrote (99913)11/26/2008 6:15:17 AM
From: studdog2 Recommendations  Read Replies (1) of 110194
 
Thanks to Pogohere and Bart for an intelligent discourse. I had an epiphany reading Zarlenga's ideas. He makes great sense and puts the world in a better perspective for me. Most economic schools seem to just have different approaches to how to keep the bankers in power and the self flagellatory Austrian school is a nonstarter in the real world. Maybe we need to get rid of the bankers. It's intriguing to go down the intellectual path of what might occur if the Chicago Plan were adopted.

I'm thoroughly disgusted with our current monetary system. Although I have done well materially, most in the world have not. After reading Zarlenga I am beginning to intuit how the lopsided distribution of wealth and the rapine of the earth's natural systems are both tied to our fractional reserve banking system. I've got to think on this some more.

Thanks
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