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To: Real Man who wrote (340226)8/8/2007 8:54:50 PM
From: coug  Respond to of 436258
 
OKaaaaaay, I'm old fashioned and naive.. :) But what is it?



To: Real Man who wrote (340226)8/8/2007 9:00:32 PM
From: Bid Buster  Read Replies (1) | Respond to of 436258
 
Can't have lack of liquidity with fiat money, thats where the deflationists got it all wrong thinking another depression was coming, they overlooked a very simple, basic fact that the last depression had a backed currency.
Hyperinflation has fixed every fiat based credit bubble I've found through history, if anyone expects something different this time it, will be a first.



To: Real Man who wrote (340226)8/8/2007 9:08:40 PM
From: coug  Read Replies (1) | Respond to of 436258
 
I didn't see the liquidity..Wasn't it supposed to be unchanged?.. But maybe it was there.. Neither one of us knows.... The same sized "woes" are still there propped up with the same sized "paper foundation"..