[Venturer]

The penance for this act is coming.

[JohnLongIsland]

Talk about anti-environment, how many trees died to print up all that money?

[The Magical Mischief Tour]

[Leisler]

Not to be a ‘godbug’ but, if you find a 1650’s Dutch Republic gilder, it’s in gold and worth something. It still has value. What if you find a note from that era? Nada, zip.

What we are seeing in Greece is a tax strike. The citizens don’t want to pay the amount of taxes for the larger, growing, lousy government. The Greek Mafia, Socialist, thieving or just plain plantation government now can not even get outsiders to give it money, so they have suckered the EU. Basically threatened the EU lying thieving government. Loan us( yeah, right ) or we will pull you down too.

Real capital, labor, machine, workers, business are hiding their capital from the thieves, whom we are told are almost Temple like deities that with out government theft organizations, the sun won’t shine, farmers won’t farmer, manufactures make and all sorts of stuff.

What will happen is that legions on welfare, and legions of government clerks, form fillers, shufflers, interferers , stand abouts, coat holders, floor waxers will all be out on the street.

[Oceander]

Run the presses! It's only paper and ink, after all. This is what it looks like, sooner or later:



PHOTO: It took a big bag full o' money like this (no paper left for bags?) to get a burger with chips and a small Coke in Zimbabwe. Photo courtesy of Troy Ounce

From The Prudent Investor, Hyper-Inflation in 2 Pictures, May 15, 2009

[TPOOH]

Don't you understand that the whole purpose of the federal reserve is to ransack American prosperity on behalf of the foreign bankers who created it?

Secrets of the federal reserve

[dools007]

Now that’as monetary policy you can believe in!

[Dixie Yooper]

In fact, a total of 1.3 trillion dollars was just "printed into existence"

In fact, just a small fraction of US dollars are actually printed for circulation. Most of the money used for market transactions is electronic data. The only paper it ever sees is tally sheets. This 1.3 trillion was created with the push of a button. Hopefully it will someday be eliminated the same way...

[Eagles6]

save

[wildbill]

Smoke and mirrors!

Step right up ladies and gentlemen, see the collapsing economy and the invisible hand.

[Wildbill22]

http://www.youtube.com/watch?v=d0nERTFo-Sk

This sums up the differing world views. I am a Hayek fan.