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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (48452)4/11/2009 5:07:23 AM
From: elmatador  Respond to of 217830
 
Your use of France today is the future of the whole Europe: A place for people to go see, take photos, eat, drink and study as a comparison with the real world pout there.

Europe has no longer the juices for anything! They are just happy with their minimalism. Living thinking of the glories past.



To: TobagoJack who wrote (48452)4/12/2009 2:38:11 AM
From: pogohere  Read Replies (2) | Respond to of 217830
 
A fascinating analysis that suggests we are not in a fiat/fractional reserve regime, but rather in a "credit-money" regime:

"The point made by endogenous money theorists is that we don’t live in a fiat-money system, but in a credit-money system which has had a relatively small and subservient fiat money system tacked onto it.

We are therefore not in a “fractional reserve banking system”, but in a credit-money one, where the dynamics of money and debt are vastly different to those assumed by Bernanke and neoclassical economics in general.[10]"

debtdeflation.com

I suggest you read this article. It addresses my concerns that the increased velocity and the multiplier effect that would both accompany hyperinflation are currently missing in action.

posted by killswitch at Message 25563637