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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (384143)	4/15/2009 7:27:18 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 436258

LOL, Don't take this wrong...it's infected all your thinking? When it comes to gold.....You are delusional?<g> You gold groupie.....love your idols.....imagine a golden rocket ship coming to take you away<g>

To: Real Man who wrote (384143)	4/15/2009 7:32:12 AM
From: NucTrader	Read Replies (2) \| Respond to of 436258

>> Each method of adding money to the economy has advantages and drawbacks, both technical and economic. << Give money to the banks? They'll just hoard it and raise their fees, which is what they're doing already. As the economy deteriorates, people will just say "screw them" and walk away. Then they can eat the credit card debt owed them, the construction loans owed them, and foreclose on as many homes as they like. Their business model will be a big fat 0 and they'll fail. The public is becoming aware of the rapacious nature of, particularly, the big Investment banks - GS at the lead, followed by MS, BAC, and C in this country, Deutsche Bank in Germany, etc. etc. They and their implants in the government will do their best to rescue themselves but ultimately they'll fail because they're not in control of this process. Make money available through asset purchases, or buy a wider range of assets to put money into the economy? Ben still doesn't get it. It isn't about liquidity. It's about solvency, which among other things is about confidence in the people or counter parties you're doing business with. When you have no confidence that they're not lying like you are - that you're broke and hiding the toxic bomb in Level III- you don't do business with them.