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Non-Tech : Money Supply & The Federal Reserve -- Ignore unavailable to you. Want to Upgrade?


To: Mike Chupp who wrote (69)8/10/2002 7:36:08 PM
From: UnBelievable  Respond to of 1379
 
We Do Need A Currency Rework

For a number of good reasons, many of which you identify.

Clearly it is not necessarily the case that a new dollar not equals an old dollar. Besides even if it didn't the world would not fall in.

In fact, I'm not the least bit concerned about the world; it has a long, solid, track record.

And while I was going to say that to the extent I have concerns it would be about the people of the world - when I thought about it, their track record speaks for itself as well.

Certainly the idea of eating the seed corn did not originate with the Federal Reserve. Historically, though, the practice generally did not occur in years of plentiful harvests.