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 waymodern 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