SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (54343)5/8/2009 6:19:52 PM
From: koan  Read Replies (1) | Respond to of 149317
 
>>
>>Every country that devalued their currencies in the early 30's started to climb out of the depression

We can't all devalue our currencies, though.>>

In the 30's they devalued it against gold. FDR raised the price of gold form $22 to $35 overnight.

>Although we can all engineer monetary inflation - which is a means of devaluing everyone's savings along with government's debts. So Vinter's investment ideas make quite a lot of sense.>>

What investment ideas?