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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (767005)

1/30/2014 2:59:55 PM

From: SilentZ

Read Replies (1) | Respond to of 1576986

gold is a high quality "thermometer" for inflation.

Why should it be a better "thermometer" than anything else? Other than for some applications in electronics, it has no real inherent value.

>Inflation is the creation of wall st., not main st.

Wall Street certainly has an effect on inflation, but it didn't create it.

>debasement benefits the elite wealthy.

Then why have the "elite wealthy" been the ones who have traditionally railed against it? The dude who was for free silver was called "The Great Commoner" for a reason.

-Z