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 (53708)	10/31/2013 10:07:29 AM
From: ggersh	Read Replies (1) \| Respond to of 71475

When are we going to realize our best and brightest are just plain crooks....

To: Real Man who wrote (53708)	10/31/2013 10:18:54 AM
From: Tommaso	1 Recommendation Recommended By maceng2 Read Replies (1) \| Respond to of 71475

>>>All because the Fed failed in 2008<<< The Fed began to fail in 1987 when they and everyone else panicked and acted to save the stock market. Then they failed worse in 1998 when they rescued Long Term Capital Management from its Black Scholes misadventure. Then it failed far worse about 2000-2001 trying to rescue the dot.com bubble speculators. Then it became a disaster-maker lowering interest rates to buck up the stock markets 2002-2005 and creating the housing bubble. Since 2008 the Fed has been a lunatic asylum playing with Monopoly money. So now a quarter of a century of insane misrule has prevailed. Almost as good a job as John Law did on France about 1715. Not as bad as the assignats in the 1790s or the Weimar example. We don't have a violent revolution or a defeated and humiliated military/political situation. But it is truly amazing that a free country with a free press and supposedly educated citizens can do this to itself without a national emergency like the American Revolution and the Continental Congress.