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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ayn rand who wrote (21513)	7/27/2009 12:19:27 AM
From: RJA_	Read Replies (1) \| Respond to of 71409

I have decided that your view of government is largely determined by whether you perceive your are benefiting from it more than it costs you, or if it is your perception that it is costing you more than you are benefiting. Generally, there is no free lunch, unless you print the universally accepted reserve currency. And even then, you are merely adding in addition to those who pay the free lunch tax in inflation locally, those offshore who take the currency in trade for a value more than its present and future projected abundance merits. But then if those off shore are doing it knowingly to build their industry and put their folks to work, perhaps it is a good trade after all... especially if they wind up owning the market, and eventually the raw materials, and even eventually their customer (you). Even better if you can get your former competitors to self impose a carbon tax, while you do not, in the name of global warming, to further exacerbate the level of competitive advantage. __________________ This does not address your original post which is essentially: It pays to be politically connected. Which it does. However there are always degrees of same. And these days in regard to banking it seems to require a pretty rare degree. But then, if the natives get restless, which sometimes when sufficiently abused, and aroused, they occasionally tend to do... the political connections can get stale rather quickly, and I guess new ones must be formed, or a change of scenery is merited. __________________ Regarding your private note of some days back, my level here on SI does not let me respond to private messages. But, thanks for your good wishes.