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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (99842)	11/23/2008 4:15:42 PM
From: RJA_	Read Replies (1) \| Respond to of 110194

>>That ignores factors like the actual historical facts of the Continental and the greenback fiat currencies, which were redeemed at par. Any theory or assertion that does not include all the facts is suspect. Bart -- do you have any links to this history? Par being? >>>>The only money that will serve as wealth protection is a money backed by a tangible, eg gold. >>Yes, but its just one of the many wealth protections that I own. Which wealth protections are you speaking of? Perhaps I could use a few more... <g> Examples please... inquiring minds want to know <g>

To: bart13 who wrote (99842)	11/23/2008 4:48:47 PM
From: Robin Plunder	Read Replies (2) \| Respond to of 110194

"This fiat money has no creative power, it is only the power to extort wealth from those who have earned it." (Robin) That ignores factors like the actual historical facts of the Continental and the greenback fiat currencies, which were redeemed at par. Any theory or assertion that does not include all the facts is suspect. (Bart) usually when we observe the facts, we do not err...it is when we interpret the facts, and put them into generalizations, that all hell breaks loose... the fact that some fiat paper was redeemed at par does not mean that the govt created this value, ie, they got it by taxing the citizens, ...I think Heinz made this point a number of times.. Robin