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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (67066)	10/10/2010 3:03:21 PM
From: Maurice Winn	2 Recommendations Read Replies (3) \| Respond to of 218030

ElM, the financial system and US$ were absolutely trustworthy. They have done just what I would think they would do. You can go back and read the Zombie stream from 8 years ago. The same principle applied to the Zombie housing mania and prime loans. For 4 decades, the US$ has been based on flim flam and for decades before that it was eroding fast enough through monetary manipulation. Financial Relativity Theory is founded on what happens as US$ accelerates to the speed of light. US$ dilation occurs so they appear to be the same, but when the hyperspeed travel is over and the US$ returns to Earth, the travelers find that time has moved on. Gold is sitting solid, going nowhere fast. You can see dilation in the dollar as it goes to warp speed. Gold still takes the same effort to dig it out of the ground before quantitative easing took off, and tarps and other financial shenanigans were conducted in Washington. It wasn't a breach of trust. There was no secret. The whole point of borrowing stupid amounts and buying appreciating assets was to play the Financial Relativity Theory game and win from it. Savers have had decades to get used to the idea that their savings are stolen by dilution. It's not part of the culture. That's why debt is so much more preferred than savings. Mqurice