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.

Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (352)	10/5/1998 2:32:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 2794

Correct. It was the fact that the US was the only undamaged country after WWII which had substantially increased industrial capacity so that it could supply the rebuilding of the rest of the world that created our pretentious wealth of the '50s. It was the war overbuilding and heavy expenditures coupled with a need to transform industry into a domestic serving one that created the post war inflation. Lots of money chasing a paucity of the right goods. It was then, 4 years after VJ day, that the effects of the depression had finally run its course. Britain's gold came to the US for safe keeping. Most nations keep a substantial quantity of their gold in the US. It's safer here than there. This on-going resentment among Britons towards the US makes no sense based on Lend Lease ramifications. The two nations are irrevocably linked. Churchill would have resented any comment about war reparations presumably taken by the US. I had thought that that issue was dead and buried long ago.