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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (140164)	12/24/2008 12:58:26 PM
From: Canuck Dave	Respond to of 314171

Who is it? Ludwig Von Mises? CD

To: robnhood who wrote (140164)	12/24/2008 12:58:45 PM
From: pocotrader	Respond to of 314171

Sounds like loansharking

To: robnhood who wrote (140164)	12/24/2008 1:23:25 PM
From: pogohere	Read Replies (2) \| Respond to of 314171

The Anglo-Dutch monetary system is a money-as-debt system. The Bank of England, the Fed, all the modern central banks operate within that tradition. "Hjalmar Schacht, who was then head of the German central bank [1920s, 1930s], is quoted in a bit of wit that sums up the German version of the "Greenback" miracle. An American banker had commented, "Dr. Schacht, you should come to America. We've lots of money and that's real banking." Schacht replied, "You should come to Berlin. We don't have money. That's real banking." (2) (http://www.webofdebt.com/articles/bankrupt-germany.php) Schacht operated outside the Anglo-Dutch tradition--therefore, compared to his American counterpart, he was not using money, i.e. money-as-debt, to enable Germany to revive its economy.

To: robnhood who wrote (140164)	12/24/2008 2:18:19 PM
From: E. Charters	Read Replies (1) \| Respond to of 314171

Money is just a government IOU. When the government is broke, (i.e. the taxpayer is hooped) money is worth nothing. Gold is real. It cannot be inflated. EC<:-}

To: robnhood who wrote (140164)	12/24/2008 3:00:32 PM
From: Little Joe	Respond to of 314171

Well it seems to be playing out that way. Little joe