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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (6860)5/4/2008 1:17:47 PM
From: Real Man  Read Replies (2) | Respond to of 71447
 
Google "the father of finance" - this page comes up

en.wikipedia.org

He is said to be the father of finance, responsible for the
adoption or use of paper money or bills in the world today.



To: ggersh who wrote (6860)5/4/2008 1:45:26 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 71447
 
Because there is no default risk, there is SOME value, to say otherwise is absurd.

Secondly because I believe the bond market is efficient and will compensate me with greater yields when/if inflation is truly coming.

Thirdly because I don't believe any one human or website knows what the hell the real inflation rate is, just like I think the Fed knows diddly squat about what the appropriate interest rate is.


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