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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (18772)5/3/2003 3:46:19 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 89467
 
commodity index CRB has bounced
futures.tradingcharts.com

/ jim



To: Jim Willie CB who wrote (18772)5/3/2003 9:59:41 AM
From: Don Lloyd  Read Replies (1) | Respond to of 89467
 
Jim,

Without going into the intricate details of the relationship, the euro's guaranteed future success can best be explained this way: free market forces can never be violated with impunity for a very long time. They always reassert themselves - sooner or later.

The euro was constructed to take advantage of free market forces - especially the free market of gold. The dollar is anchored in a useless, repressive scheme that cannot allow market forces to prevail vis-a-vis gold.


This quoted article is at least 50% BS.

The only thing guaranteed about the euro is its eventual total failure, just as with every other form of unconvertible paper money. It may or may not outlast the dollar, but its future massive inflation of supply is assured as its socialist government sponsors will have no other choice as they attempt to delay their own inevitable collapse.

Regards, Don