[ml/nj]

I guess as long as you're good with theft, you're probably right.

People with savings in "dollars" see them eroded week by week. The New York Times cost five cents when I left for college in 1964. Now it's $2.50. Money is supposed to be, among other things, a store of value. That's something those stupid gold bugs understand, along with every honest economist in the world. You could do worse than to read John Kenneth Galbraith's Money. But my personal recommendation is Irwin Schiff's The Biggest Con.

ML/NJ

[j.argese]

You know the difference between bumpersticker economics and textbook economics?

Brevity is the soul of wisdom.