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To: SeekAndFind; blam; FromLori
All-this-fluff-and-not-a-single-mention-of-how-this-is-only-possible-via-fiat-currency-and-central-banks ping.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

12 posted on 06/09/2010 12:50:47 PM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: The Comedian

All-this-fluff-and-not-a-single-mention-of-how-this-is-only-possible-via-fiat-currency-and-central-banks ping.>>>>>>

The fiat currencies of all developed countries are highly leveraged at this point. This mountain of derivatives takes these currencies and builds on them, leveraging them even further.

Very few derivatives have anything to do with real wealth creation. Commodity futures contracts are very simple derivatives that at least have something to do with cotton or soybeans


16 posted on 06/09/2010 1:01:47 PM PDT by dennisw (History does not long entrust the care of freedom to the weak or the timid - Gen Eisenhower)
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