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To: donald martin who wrote (26895)1/23/1999 11:27:00 PM
From: lorne  Read Replies (1) | Respond to of 116812
 
Hello Donald. You said >>You're not aware of what a central banker is trying to accomplish? It's REAL simple. Maintain the HIGHEST purchasing power POSSIBLE of their paper currency. That is all.<<
How about PROFIT, POWER and CONTROL.
Lorne
Oh do they still maintain the highest possilble purchasing power when they devalue their currency.



To: donald martin who wrote (26895)1/24/1999 12:27:00 AM
From: Investor-ex!  Read Replies (1) | Respond to of 116812
 
You're not aware of what a central banker is trying to accomplish? It's REAL simple. Maintain the HIGHEST purchasing power POSSIBLE of their paper currency. That is all.

Ooh, and they're so good at it.

Try "forever saddling the general populace with debt by keeping them on an infinite treadmill of borrowing to keep ahead of the continual debasement of their currency".


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