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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (44450)9/16/2002 3:09:32 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 281500
 
nice StrawMan tactic
if what you say is correct, the dollar should have remained strong all spring and summer, and gold would continue to be mired in low value versus all major currencies
but the opposite has been the case
GOLD may be the medium for a world veto of US Foreign Policy
or maybe the Third World United Nations will lead the way

modern financial leaders dont have a clue about modern financial matters (where have you been?)
or else why would their SOLUTIONS be worsening the problem?
you will be hearing much more from Hard Currency proponents in the near future
since fiat money systemic quakes are on the rise
much to the consternation of their hapless proponents

financial imbalances are presently deeper and wider within our system now, more so than at any time in modern history
maybe you are not aware that the entire US Economy is a debt pyramid?
maybe you believe the essence of a firm's balance sheet strength is how much debt they can balance atop its teeny capital pecker
amidst this Grand Soft Money economy, ever wonder why 25% of US Factories are empty and idle ???

you miss the link to Foreign Affairs, sadly
as Fiat Money flows thru economies, each successive cycle brings with it greater volatility at a systemic level
any student of modern history can see the correlation
with increased systemic volatility comes greater tendency for military adventure in order to find an elusive cure for domestic economic problems
e.g. 1938-39 Germany

the Deified Greenspam will be villainized horribly
he, not Samuelson, is your pathetic PosterBoy

take your StrawMan tactics and stick them where they belong
in the toilet
or up your own dark nether chambers

Puplava has been right on for three years
he referenced Rothbard to explain that Fed TBond repurchases enable banks to lend out a multiple of the amount refunded
this multiplier in credit still isnt producing a recovery
but you might not have gotten that far in the article before your StrawMan mindset overtook your better judgment

real weak reply, Pearly, very shallow
Economic Solutions or their Teased Shortages have a direct bearing on US Foreign Affairs
how would it be if we wage a war and the world response is to sell the USTBond en masse???
ever considered that
ciao, JW