Re: OT: All the guys from South Carolina?

Posted by bill from MA on February 16, 2011 at 18:15:06 from (24.62.231.170):

In Reply to: Re: OT: All the guys from South Carolina? posted by KEH on February 16, 2011 at 16:46:05:

re: cheap paper money.

I am sure most of you remember the real inflation back when Carter was president. Since then the Fed has learned what a huge mistake that was and if you read financial news, keeping inflation low is always the first issue mentioned.

'Printing money' isn't the literal behavior that has occurred in the past, but the effect was the same.

Now the Fed understands the big picture 'money supply' and they do a good job managing it.

Please also keep in mid that Russia is a hige gold producer and all you do by going gold is change from the US Fed controlling the money supply to Russia!

Bill

Replies:

• Re: OT: All the guys from South Carolina? gun guru 02:14:18 02/17/11 (1)
  • Re: OT: All the guys from South Carolina? MarkB_MI 02:33:15 02/17/11 (0)

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