Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Real Man who wrote (38908)	6/6/2011 4:10:23 PM
From: carranza2	Read Replies (3) \| Respond to of 71479

I agree, but if not some sort of 'backed' standard, what? The problem is, of course, that central bankers and treasury officials cannot seem to learn the bitter lesson that overprinting leads to inflation, erosion of value and the destruction of savings. How can so many PhDs be so stupid? I hate to use such a crude analogy, but it fits: Printing a fiat currency is like sex, once you start it is very hard to stop.

To: Real Man who wrote (38908)	6/6/2011 5:29:56 PM
From: ggersh	Respond to of 71479

"Americans are often guilty of not looking beyond their own back yard, in this case beyond American history." And they run for President, maybe! Gotcha! -vbg- huffingtonpost.com WASHINGTON (AP/The Huffington Post) -- Sarah Palin says she didn't mess up her history on Paul Revere. The potential 2012 presidential candidate was in Boston on Thursday as part of her bus tour when she was asked about the Revolutionary War hero. Palin said Revere "warned the British that they weren't gonna be takin' away our arms." Palin, a paid Fox News contributor, told "Fox News Sunday" that she was correct. She says there were British soldiers in the area for years before Revere's legendary ride, and that he was warning them, as well as his fellow colonists. "Part of his ride was to warn the British that were already there that 'hey, you're not going to take American arms, you are not going to beat our own well-armed persons individual private militia that we have.'" She blamed her previous answer on the media, saying it was a "gotcha question." The Paul Revere House's website says that on April 18, 1775, Dr. Joseph Warren instructed Revere to ride to Lexington, Mass., to warn Samuel Adams and John Hancock that British troops were marching to arrest them