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

To: Real Man who wrote (26078)1/6/2010 7:48:11 AM
From: ggersh  Read Replies (1) | Respond to of 71452
 
"Today the whole world is on Law's fractional reserve system,
so, we don't need to worry"

Even the Chinese? Everybody plays the fool! -g-



To: Real Man who wrote (26078)1/6/2010 10:06:02 AM
From: carranza2  Read Replies (1) | Respond to of 71452
 
Didn't the French segue soon after Law into their failed experiment with fiat currency? As you know, that experiment led to serious overprinting.

The episode [Law, then fiat overprinting] does present a rough historical parallel to what we are undergoing now.



To: Real Man who wrote (26078)1/6/2010 11:42:16 AM
From: Nevada9999  Respond to of 71452
 
I don't know about the Mississippi bubble, but I once read that the Tulipmania caused a 72 year bear market in Dutch markets. I don't have a source for that though.

I think it's safe to say we could have a prolonged downturn. Twenty one years now for Japan.



To: Real Man who wrote (26078)1/6/2010 1:04:28 PM
From: Mike M2  Read Replies (1) | Respond to of 71452
 
Vi, John Law see amazon.com I read this book 18? years ago.


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