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

To: arun gera who wrote (68534)	11/23/2010 2:18:24 AM
From: Maurice Winn	3 Recommendations Read Replies (2) \| Respond to of 218008

Arun, I used to go fishing a lot. Sometimes one can go all day without catching anything. It looked like there might be a strike, but apparently not. <Guys like you see innuendos about Israel in writings totally unrelated. > Don't you have maybe just an incy wincy teeny bit of feeling that Israel is a bit of a pariah and generally pretty nasty? Given the vote in the UN which normally goes so heavily anti Israel, with a billion Moslems aligned heavily against Jews, it seemed reasonable place to cast some bait. Like you, I struggle to understand the antipathy. It's weird! It seems to be quite common around the world though. Look at TJ with his antipathy to Japanese and his obsession with the urban legend about used women's pants. I have no idea who La Rouche is. Sticking then with your point about reserve currencies and currencies in general, they are no more than a minor tax on people holding the currency units [regular dilution but not to much of an extent]. Monetary systems have nothing to do with rural poverty. Political constraints do, such as barriers to trade at borders, capital confiscation, union rules, government monopolies, kleptocracy and outright bribery and corruption, licensing, taxation and other government burdens on people. There is the additional risk that government money will fail in major panics as they happen from time to time, with many having gone belly up over the last century, some spectacularly such as Zimbabwe's and Germany's. But that's less of a problem for rural people than those dependent on stable commerce involving luxuries. Mqurice