Fed has unlimited power as long as...

Discussion in 'Economics' started by The Kin, Mar 12, 2008.

  1. People continue to use federal reserve notes to maintain their monopoly. Inflation and interest is just a smoke screen. It does not matter if the denomination is $100 or $1000. They'll just call it in and issue NEW coins and currency.

    History shows the above to be true. I believe USD exchangable for gold coin where called in back in the late 20s or so.
  2. What I'm tring to say is:

    Short USD, Long Gold
    Short Savings, Long Grains, Energy

    Then again, maybe this post is contrarian indicator. For all our sakes, I sure hope that's right.