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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (56194)	3/18/2006 4:25:41 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 110194

A wildly expanding money supply must be cut off at its source, fractional reserve banking. Without fractional reserve banking there is no need for a Federal Reserve bank . . . . . . neither the existing one, nor your wacky proposed Federal Reserve bank run by computer controlled holograms. Ponzi schemes are not legal for a very good reason. They don't work. Lenders can lend with their own money, or with shares sold to those with money. When $2 trillion of money is created out of thin air, and lent on real estate or other pretext, you get $2 trillion worth of inflation. Its that simple. You have not been able to come up with any legitimate explanation of why the money supply needs to expand. Currency Carnks like yourself have addict thinking, believing that money is like heroin --- and "more is always better," says the addict. .