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To: Chispas who wrote (95832)9/5/2003 1:13:42 PM
From: Chispas  Read Replies (1) | Respond to of 116753
 
From Investors Hub...Excellent Article...

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investorshub.com

Snip:

"There's absolutely no way we can re-pay all the money we are borrowing and spending. So the only way to manage this debt is to make it worth less. We've got to get to the point where $44 trillion in debt doesn't "seem like that much". That means the Fed and the government have us on a course to absolutely decimate the value of the dollars in your savings account.

This is also why we're seeing the early stages of a bull market in gold, silver, and commodities. It's a natural by-product of this hyper-stimulation, in that the early recognizers gravitate towards hard commodities. But the reflation plan has the stock market so excited, at least for now. But the long-term implications of our current course just aren't that exciting -- at least not if history is any sort of guide"