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


To: ild who wrote (64861)6/29/2006 2:16:45 PM
From: ild  Read Replies (1) | Respond to of 110194
 
*DJ Fed Lifts Rates 0.25-Pt To 5.25%, Signals May Hike More

*DJ FOMC: Econ Moderating, But "Some Inflation Risks Remain"

*DJ FOMC: Slowing Econ May Limit Inflation "Over Time"

*DJ FOMC: Core Inflation "Elevated In Recent Months"

*DJ FOMC: Inflation Expectations Remain Contained

*DJ FOMC: US Econ Growth Slowing To More Sustainable Pace

*DJ FOMC: Econ Slower On Cooler Housing, Lagged Rate Effect

*DJ Fed: Energy, Commodities May Add To Inflation Pressures

*DJ FOMC: Productivity Holding Unit Labor Costs In Check

*DJ Fed: More "Resource Utilization" Poses Inflation Risk

*DJ FOMC: To Respond To Changes In Econ Prospects As Needed

*DJ FOMC Voted Unanimously To Hike Federal Funds Rate

*DJ Fed Unanimously Hikes Discount Rate 0.25-Pt To 6.25%



To: ild who wrote (64861)6/29/2006 3:11:32 PM
From: shades  Respond to of 110194
 
my mentioning the tally system was only to illustrate that inherently worthless stuff ( be it sticks of wood or pieces of paper )

Trotsky is copying elroy jetson again I see.

Message 22571653

Anyways tally sticks, pieces of paper and shiny metal coins all share the same worthlessness - if I can't trade them for the things I need to live they are USELESS. My grandfather got a lot of USE out of trading his homemade MOONSHINE. Gold just like tally sticks and pieces of paper require people with the services and resources I need taking it in trade - it is doomed. A starving redneck has USE for moonshine - going down his gut - he has no USE for shiny metal. I am ashamed trotsky says blade runner is his favorite movie and then still thinks shiny metal going back and forth between 20 billion people is how MONEY will move in Los Angeles in 2019. I bet if trotsky had all the gold in the universe and the god of biomechanics had genetic technology to extend his life another 50 years - we would find out what trotsky really VALUES - I am betting it aint shiny metal. I would also bet the god of biomechanics wouldn't give a damn about trotsky's pile of shiny metal.