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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (6172)	6/3/1999 7:33:00 PM
From: d:oug	Read Replies (1) \| Respond to of 81027

Jim, <<controls through force...or fear of force....>> If you wish to pursue these types of activities in easy to read fiction novels, then see below. John D. Meyer, Vice Chairman and Treasurer [GATA] Meyer is founder of Berkshire Financial Advisors in Great Barrington, Mass. He grew up on Long Island, N.Y., and graduated from Amherst College in 1957, whereupon he joined Merrill Lynch and eventually became a senior account executive and stockholder in the firm. He joined Oppenheimer & Co. in 1969 and in 1973 became assistant to the president of T.J. Holt & Co., a money management firm. In 1975 Meyer became a principal of Huntoon, Paige, & Co., a primary dealer in mortgage-backed securities. The firm was acquired by Merrill Lynch in 1979. In 1992 Meyer founded Berkshire Financial Advisors, which, he says, "is dedicated to preserving capital from the ravages of paper money." While his college degree was in biochemistry, Meyer threw himself into a study of economics, money, and finance soon after graduating. "My formal education began in the fall of 1957," Meyer says. "I purchased 'Economics in One Lesson' by Henry Hazlitt, which turned my lights on. A few years later I found Ayn Rand, 'The Fountainhead,' and 'Atlas Shrugged.' Throughout the 1960s Rand and Nathaniel Branden gave evening courses in a wide range of subjects, including, of course, her philosophy, Objectivism. Alan Greenspan taught a course in economics. I went to them all." Meyer's interest in gold is both philosophical and practical. "Persistent inflation causes serious problems for capital because it makes speculators out of savers and investors, who feel compelled to react to the erosion of purchasing power," he says. "Markets become increasingly illiquid. Modern portfolio theory does not understand the ultimate risk of an irredeemable currency. The Austrian school of economics offers the only discipline capable of predicting and explaining today's economic issues. Economics and monetary theory have become completely politicized. I passionately believe in the individual, reason, and the liberty necessary to unleash human creativity and potential. The Austrian school of economics embraces these principles."