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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: onedrill who wrote (12445)10/10/2008 8:27:31 PM
From: ecrire  Respond to of 50761
 
Paulson announced they will buy stock in financial institutions. This will replenish capital. It's drastic but necessary.



To: onedrill who wrote (12445)10/11/2008 9:27:34 AM
From: prometheus1976  Respond to of 50761
 
Let's walk thru that ..so i sell you my gold for x dollars,so i have your dollars and you have my gold.No gold was created,no dollars were created or destroyed by the transaction..

Where do you think i will put my newly acquired dollars?..
They will still be in the system somewhere,quite possibly into the same money market and fed fund accounts.

Value is a perception.

regards,P1976


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