The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: zamboz who wrote (101747)	2/28/2009 3:51:05 PM
From: Robin Plunder	Read Replies (1) of 110194

nice chart of dollar value...the fiat dollar is the fundamental issue i believe, because most of the derivatives are actually a result of the existance of fiat money, ie, we need to hedge against interest rate and currency flucuations which would not happen under a gold standard. "stimulus first. It has always worked in the past. Things might be very different this time." the repeated stimulus over decades is another factor which caused our large debt increase...and the stimulus is only possible under fiat money, where it can be endlessly printed.. robin

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