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

To: RJA_ who wrote (11945)	9/28/2008 3:59:50 PM
From: Real Man	Read Replies (2) \| Respond to of 71454

Geez, Dow 8K is a devastating crash. Hyperinflation must be much better.

To: RJA_ who wrote (11945)	9/28/2008 5:56:09 PM
From: Tommaso	1 Recommendation Respond to of 71454

What a strange reversal of what happened about 1930. At that time the Fed and Treasury were determined to hold the line on the money supply and to force devtors into liquidation, under a gold standard currency. Now everyone is running around in a panic and trying to create credit as fast they can. And they think they are dealing with what happened 78 years ago. I guess in 1930 they thought they were dealing with what happened 70 years before that time, during the greenback inflation (and total collapse of Confederate currency). Well, at least it's just money. In Europe, Germany and France kept refighting the same wars for 140 years.