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

To: Robin Plunder who wrote (99847)11/23/2008 7:17:02 PM
From: Little Joe2 Recommendations  Read Replies (1) | Respond to of 110194
 
The other point that was overlooked was that it was redeemed at par, but not by the soldiers who were paid the contintentals and who deserved to benefit. Instead speculators who were aware of congress intentions bought it up at pennies on the dollar and they are the ones who made the money. At least that is my understanding.

Little joe



To: Robin Plunder who wrote (99847)11/24/2008 10:58:44 AM
From: bart13  Read Replies (1) | Respond to of 110194
 
As I have noted before, any theory or assertion or generality that does not take all facts and history into account is flawed.


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