Post by sometimeman on Mar 28, 2008 12:36:06 GMT -4
I told ya'll it's not the d*m price of gas ITS THE D*M M-O-N-E-Y!
Gold: The Nationalization of Wall Street
Federal Reserve Chairman Ben Bernanke once said: "By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper money system, a determined government can always generate higher spending and hence positive inflation."
Posted Mar 28, 2008 08:26 AM PST
Gold: The Nationalization of Wall Street
Federal Reserve Chairman Ben Bernanke once said: "By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper money system, a determined government can always generate higher spending and hence positive inflation."
Posted Mar 28, 2008 08:26 AM PST
