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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (42344)12/7/2005 2:00:50 PM
From: NOW  Read Replies (1) | Respond to of 116555
 
because paper and now digital money has a psychological component to its value, like anything else. ass the Reserve currency, that value is bolsterd. how else could we print this owrthless crap for eaons and have anyone beleive in it? (besides by backing it up with lots of nucular weapons?)