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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: Investor-ex! who wrote (34844)	6/3/1999 8:10:00 PM
From: ahhaha	Read Replies (1) of 116764

Your view is that of demand management theory. It has been a remarkable failure for many decades. Currency isn't borrowed. For whom are central bankers getting something for nothing? Who is the beneficiary? Them? They line their pockets? This kind of non-thinking built upon the conspiracy under every rock theory won't help you get anything right. It is always evidence of lack of education. I think you have private banks and federal reserve banks confused. Tell me, how does your borrowing theory of money creation square with Japan. They can't push on a string. Demand management is useless where there is no demand. You have to create currency in order to stimulate economy which has an ancillary effect of increasing the borrowings component of money supply. Where did you learn your socialist economics, Harvard?

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