Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Andrew G. who wrote (71628)	2/25/2001 10:23:33 PM
From: LLCF	Read Replies (1) \| Respond to of 436258

<Are you satisfied with the way are financial system is run, who runs it, and who stands to benefit most from it ?> Compared to other systems it's pretty good as far as I can see. Do we need changes?? HELL YES, and lots of them. Nothing will change the system because of the downturn?? That's not clear to me... I think it depends overwhelmingly on how bad things get, one and two: what do you mean the "system" won't change?? Do you mean the way people invest? In other words there has to be a backlash for the system to change IMO, and a nasty enough bear may indeed bring changes. DAK

To: Andrew G. who wrote (71628)	2/26/2001 10:17:45 AM
From: Earlie	Read Replies (1) \| Respond to of 436258

Andrew: Throughout all history, there have been folks who have endeavoured to control financial systems. And in some cases, they have been successful for reasonably lengthy periods of time. That said, the ancient art of expanding money supply has always ended in nasty circumstances. Yes, I think there are folks who endeavour to control the financial situation today, but from my perspective, they are being overwhelmed by events. A perfect example is the gold lease game. I suspect that it is in the process of blowing up in their faces. Time will tell. Anyway, glad to see you airing your views as that is what keeps us all thinking. Best, Earlie