The financial shell game that is being played
To: verklaring
I just saved a bunch of money on my con-game by switching to Geithner.
Very good article. Thanks for posting.
2 posted on
02/19/2009 12:38:06 AM PST by
PGalt
To: verklaring
The only financial system that makes any real sense is a pure barter system. Fractional reserve banking with unfunded paper currency is just nuts. We never should have let private banks control our money supply and we never should have let our curency become decoupled from precious metal. Perhaps when the dust finally settles from this current crisis, we can get back to a more stable currency and a more perfect union with our government.
3 posted on
02/19/2009 12:38:07 AM PST by
RC one
To: verklaring
they loaned out money that didn't exist at such a high cost that the borrowers couldn't pay,
then the music stopped and they were left standing without a chair
4 posted on
02/19/2009 12:43:34 AM PST by
KTM rider
(keep thy powder dry, gird thy loins, and brace for the winds of change)
To: verklaring
Zero dollars becomes $100 billion in capital.
Welcome to the begginning of the end of the new Wiemar collective.
5 posted on
02/19/2009 1:48:21 AM PST by
rawcatslyentist
(Destined to take the place of the mud shark in your mythology)
To: GoDuke
7 posted on
02/19/2009 3:41:00 AM PST by
GoDuke
To: verklaring
The Insiders are already working on Bailout #3.
8 posted on
02/19/2009 3:43:05 AM PST by
M. Espinola
(Freedom is not 'free'.)
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