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To: Lucretius who wrote (35167)12/14/1999 9:06:00 PM
From: pater tenebrarum  Respond to of 99985
 
i agree 100%. they have created the ultimate moral hazard and shot themselves in the foot that way. like i say, they're printing now, even before it's needed, so what are they going to trump that with WHEN it's needed? of course they would have us believe nothing's wrong with expanding the money supply the way they do now, since there is 'no inflation'.
what nonsense...that's what a fiat system always leads to, eventually somebody takes things too far.