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


To: carranza2 who wrote (51474)4/26/2013 10:46:13 AM
From: Tommaso  Respond to of 71445
 
I am sure someone has already drawn attention to this site and its articles, but I had not looked at it for a long time. From what I have read elsewhere about some of these episodes of monetary history, what is written here is as correct as history can make it. No doubt there are many misconceptions and myths repeated in the various chapters, but the general point that fiat currencies almost always destroy themselves seems clear. About the only exception was the United States redemption of the Civil War "Greenbacks."

If I may coin a word or two, it will be impossible to redeem our current Greenspanback isues or our Bernankenotes.

Here's the link:

lynncoins.com monetary cycle



To: carranza2 who wrote (51474)4/26/2013 3:24:35 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 71445
 
C2, the writer doesn't know that waters are charted and ships are chartered to sail on them. <This is all unchartered waters for us. > The Federal Reserve's 0s and 1s are the ocean and, ships are chartered to sail on the high seas, going hither and yon, delivering goods and services from sellers to buyers, floating on a sea of pixelated 0s and 1s.

The Federal Reserve's job is to keep the tide in and the sea level stable so the charts of rocks, reefs, coastlines and soundings remain right and navigable. The shipping is to carry the goods from sellers to buyers.

Uncharted waters are hazardous and likely to lead to ship wrecks. Unchartered shipping results from people not having goods to carry over the oceans, whether the oceans are charted or uncharted. Uncharted waters are more hazardous. Unchartered ships are useless.

Mqurice



To: carranza2 who wrote (51474)4/27/2013 12:21:40 AM
From: Real Man2 Recommendations  Respond to of 71445
 
Ah, the rationalizations. It appears the Fed lost both shame and fear.
They are now confident consequences will never come.
Dangerous times we live in.