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

To: Chispas who wrote (102844)	4/23/2009 12:23:59 PM
From: pogohere	3 Recommendations Read Replies (1) \| Respond to of 110194

"During the War Between the States, incorrectly called the Civil War, both sides inflated, till neither the North's greenbacks, nor the South's Confederates had any value at all. In the South, as an example, what a Confederate dollar bought in 1861, was priced at $1200 by 1865. The bullets, guns, swords, and fighting materials were bought on both sides with paper money, backed by nothing, and the inevitable happened. Authentic Confederate money is now worth it's face value, thanks to antique value, but I doubt that a new 2009 dollar bill will be worth much as an antique in 2150, but who knows? We won't be around then. We've been through the German thing before, but here's a refresher: Germany lost WW I, and for the first and only time in history, the loser was made to pay for the damage it did. The "Treaty of Versailles," forced Germany to pay hundreds of billions of reichsmarks in damages." There are many factual errors here. Any analysis based on these facts will be flawed. The writer doesn't know what he is talking about. He might recommend something reasonable, but that would be dumb luck.