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

To: saveslivesbyday who wrote (7502)	5/20/2008 7:45:22 AM
From: Real Man	Respond to of 71475

I agree, but I think it's impossible to diffuse the bomb, because the bomb is a Ponzi scheme that must grow exponentially or collapse. If they proceed with the kind of action we have been seeing, the bomb will outgrow the Fed's balance sheet and then explode, taking down the Fed's credibility, the dollar, and the markets, no matter what they do - and they will try to inflate. The best historic parallel is John Law's schemes. Old fashioned hard work is required to pull the USA out of the slump, not financial schemes, and it will take some time, since the industrial base is in part gone due to the bubble blowing. The sooner we stop the schemes and restore honesty and hard work as values in our society, the better. I'm afraid abolishing the Fed and restoring the gold standard may be the only long term solution. The target in the thread head is serious if the kind of policies we are seeing now continue.

To: saveslivesbyday who wrote (7502)	5/20/2008 12:26:01 PM
From: LTK007	Read Replies (1) \| Respond to of 71475

<<How to do this? I'm sure BB reads his email daily hoping someone comes up with a good suggestion. It would seem to me that tightening regulations, oversight, anything that would tame the monster without poking or prodding it too hard, would be the answer.>> IMHO, the horses jumped the corral fences years ago, and they will never get them corralled again, EVAH. In brevity: "It 's too late" Max