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: heraclitus who wrote (211086)	12/22/2002 5:58:14 PM
From: Tommaso	Respond to of 436258

>>> if you wanted to intentionally destroy a currency could you do a better job than AG?<<<< One can even quote Keynes on this subject. I have also been thinking lately of what Hemingway wrote, which went something like this: "When a goverment gets in trouble, the first thing they do is inflate the currency. When that fails, they start a war." The awful thing is that the US wasn't really "in trouble." But it certainly will be if the dollar is deliberately cheapened, and that seems what the Fed intends to do. I think it will get out of their control.