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

To: Real Man who wrote (35455)	2/21/2011 1:40:06 PM
From: ggersh	Read Replies (1) \| Respond to of 71463

Exactly, if he prints we're screwed, but if he stops only the market is screwed, who does he care about? Stopping will bring a bloody mess, but a reality to the world, sorry you know all this either way we're screwed! -ng-

To: Real Man who wrote (35455)	2/21/2011 4:33:22 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 71463

Why has silver stopped trading?

To: Real Man who wrote (35455)	2/21/2011 6:12:34 PM
From: Robin Plunder	3 Recommendations Respond to of 71463

Here is an interesting essay on fractional reserve banking by Murray Rothbard....according to his analysis, the practice of fractional reserve banking can only exist if there is a central bank which can print money to sustain a ponzi scheme...if that is the case, we need to blame a lot more folks than Bernanke, as he is only doing the job which has been intended for the central bank ever since it was founded. Replacing Bernanke with someone else would not change the outcome at all....we need to End the Fed in order to avoid this type of financial crisis. "Hence, under free competition, and without government support and enforcement, there will only be limited scope for fractional-reserve counterfeiting. Banks could form cartels to prop each other up, but generally cartels on the market don't work well without government enforcement, without the government cracking down on competitors who insist on busting the cartel, in this case, forcing competing banks to pay up. Central Banking Hence the drive by the bankers themselves to get the government to cartelize their industry by means of a central bank. Central Banking began with the Bank of England in the 1690s, spread to the rest of the Western world in the eighteenth and nineteenth centuries, and finally was imposed upon the United States by banking cartelists via the Federal Reserve System of 1913. Particularly enthusiastic about the Central Bank were the investment bankers, such as the Morgans, who pioneered the cartel idea, and who by this time had expanded into commercial banking." lewrockwell.com rp