I also <<laughed>> at the same Bernanke speech, about secret weapon called printing press, back in November 2002, but immediately
I suspected that he was correct Message 18353241 circa 2002 12 19
<<Stop it, I am simply oozing with anticipation;0)
Turn the printing press on, keep them on, overtime.>> I knew exactly what to do, and in size Message 19266911 circa 2003 09 03
Sold another dollop of paper gold at HKD 3448/tael (about 1.2 taels to the ounce), reducing physical/paper metal from 12.6 down to 12.3% of gross asset.
I am taking the cue from NEM, hearing it sounding the general retreat clarion call, for this round.
because I knew Bernanke was correct, re the printing press, but not re the secrecy
Message 26267369 circa 2010 01 23
<<bernanke may well believe his printer is a secret weapon. the chinese invented paper, ink, printing press, paper money, as well as banking, and by implication, should be quite good at it when they are not busy doing revolution and settling scores.>> Caranza2 and I read the same book, so we knew the script, per authored by Andrew Dickson White, he who was a humorous scholar and founded Cornell University, a wonderful place to spend some years and learn to drink beer (side note, a fraternity brother sold me his VW bug for $30 for it only started if rolling down an incline in reverse, and I sold the four tires for $120 - this particular photo was of all the non-Jewish kids in the Jewish fraternity and we were out-numbered 8:1 - I was steward in charge of the dining and party budget, because I was good w/ the numbers :0)
the fellow next to me with the funny hat I visited this past summer together w/ the Jack, and he had attended my surprise birthday party 2019 by arrangement of the Mrs. The tuition was money well wasted.
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