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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Rolla Coasta who wrote (28331)1/24/2008 6:52:31 PM
From: TobagoJack  Read Replies (3) | Respond to of 218229
 
the empire officialdom game plan, and so real estate in freedom lowloon and money rock hk is safe and true, for now

on gold, i am told by mail in in-tray
gold/ equal-weighted CRB ratio hits a new 20-year high.... but still has a long way to go in order (3k) to get back to the peak levels we saw in the 1980s

From Fiat Money Inflation In France achamchen.com

This great debtor class, relying on the multitude who could be
approached by superficial arguments, soon gained control. Strange as it might seem to those who have not watched the same causes at work at a previous period in France and at various times in other countries, while every issue of paper money really made matters worse, a superstition gained ground among the people at large that, if only enough paper money were issued and were more cunningly handled the poor would be made rich. Henceforth, all opposition was futile. In December, 1791, a report was made in the Legislative Assembly in favor of yet another great issue of three hundred millions more of paper money. In regard to this report Cambon said that more money was needed but asked, "Will you, in a moment when stock-jobbing is carried on with such fury, give it new power by adding so much more to the circulation?" But such high considerations were now little regarded. Dorisy declared, "There is not enough money yet in circulation; if there were more the sales of national lands would be more rapid." And the official report of his speech states that these words were applauded. Dorisy then went on to insist that the government lands were worth at least thirty-five hundred million _livres_ and said: "Why should members ascend the tribunal and disquiet France? Fear nothing; your currency reposes upon a sound mortgage."