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


To: TobagoJack who wrote (31346)3/19/2008 10:29:48 AM
From: RJA_  Read Replies (2) | Respond to of 217528
 
>>The hope is that such a move will help end chronic cash shortages

That was also the excuse of the Wiemar period German central bank.

Somehow there never seems to be enough, no matter how much they print...

In fact, the more they print, the less they have.

It is very bad to be part of this ever repeating social experiment... which if carried to its extremes always turns out the same.

The end of systems. Impoverishment of the many. Rewarding of the few, astute, lucky or both.

The perpetrators universally despised.

Perhaps this will lead to a universal memory, like it did for the Germans.

This may be an inducement to keep the books straight... and to have just a little better education system, so we can learn from the mistakes of history, rather than taking the lesson again and again and again.