The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (44094)	1/16/2012 9:19:18 PM
From: ggersh	1 Recommendation Read Replies (1) of 71475

Does anyone know, best we could do would be an uneducated guess.Will this be corrected? "And Davidson not only misleads, he says things that are completely false: Most know that Ben Bernanke, Henry Paulson and Tim Geithner (like central bankers and treasury officials everywhere) were following the hallowed advice that Walter Bagehot, onetime editor of The Economist, set down in 1873: during a crisis, a country must do everything possible to preserve its banks." "This is what Bagehot actually said: The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank." nakedcapitalism.com

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