"We can guarantee cash benefits as far out and at whatever size you like but we cannot guarantee their purchasing power" - Alan Greenspan.Kwanzians will run out of ink and paper before they realize there is problem with jewish funny money.
Relax. Camacho is going to fix the ecomony after inauguration. My mail is that a new techno super bubble driven by a Silicon Valley 2 based in Kenya is about to kick off. Many US parishes already have bishops based in Africa because they don't want fruits for priests, so the new alignment with Africa is right on so many levels.
I love the reference to the classic movie.What happens to commodity prices now? Prices for oil, copper, zinc and other natural resources have crashed--I can't see them staying down forever with the increase in the money supply.But gold remains above $800. I'm not a "gold bug", but I think it is a good indicator for general confidence in the economy (low prices in gold=faith in fiat currencies).
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