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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (83598)	11/24/2008 6:10:37 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Taxes are supposed to pay for stuff if you want to have a stable currency, it's beneficial for the real economy. However, if printing increasingly pays for stuff instead, then the currency goes to zero and the real economy collapses, leaving the country in the grips of speculation. The money folks make speculating decreases in value every day faster than the DOW goes up. They just doubled the money in circulation in the past 2 months. It's gonna hit some day.

To: GROUND ZERO™ who wrote (83598)	11/24/2008 1:12:40 PM
From: Follies	Read Replies (1) \| Respond to of 94695

Okay... then, why don't they just print all the money they need, why are we paying any taxes if they could just print what they want? Taxes are strictly a social engineering tactic for class warfare. Make the masses feel better by taking from the rich. The sad part is the rich can move their assets to avoid the destruction of inflation ; although the poor don't have money money to be destroyed, their incomes which they are far more dependent on, won't keep pace with rapid inflation. Anyone care to guess the date the government suspends COLA (cost of living adjustments) on social security?