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To: ahhaha who wrote (314)	8/8/1999 12:56:00 PM
From: Bob Dobbs	Read Replies (1) \| Respond to of 587

Ahhaha: Your prose is poetry. The FED, even in it's finite wisdom, has nary a chance of controlling the economy through monetary means, to the extent that they can foster indefinite growth or forever preclude panic. Instead, they have undermined the free-market system and further added to the chaos, increasing the degree of economic extremes. The logical conundrum of the goldbugs, namely that in the extreme living condition, a "nuclear scenario", gold will not be convertible to guns and food, is a truism. Such a situation from wartime Holland is described in Gary North's excellent book "Government by Emergency." However, that is not to say that an intermediate condition, such as when there is no starvation, the rule of law still holds, and yet fiat money has lost all value, can exist. The "mindthink," as you aptly call it, is indeed prevalent in Universities. What can we expect from academics who sit in chairs paid for through FED sponsored "research" courtesy of you, me and the rest of you unfortunates out there who may stumble upon this obscure lament? Bob

To: ahhaha who wrote (314)	8/10/1999 1:28:00 PM
From: The Barracuda™	Read Replies (1) \| Respond to of 587

So in other words, every desire other than getting a cave, bear skin and hunk of meat is pointless?

To: ahhaha who wrote (314)	8/10/1999 8:05:00 PM
From: Lymond	Read Replies (1) \| Respond to of 587

ahhaha, First, let me say that I find your posts interesting and thought provoking. I am intrigued by this seemingly counterintuitive assertion: Volcker's depression did hit. It lasted from 1980 until 1995. The product of time and suffering is constant so you either get a quick and nasty situation like the '30s or you have the slow and shallow variety of the '80s. A quick and nasty situation like the 30s? A slow and shallow variety of the 80s? It seems that the converse was true, in that the 80s featured two fairly sharp periods of wealth devaluation (early 1980s and 1989-91), while the 30's was characterized by a long, drawn out period of false bottoms. Would you please elaborate you thoughts on this? Regards, John