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  • Can the Fed Really Just Print Money? [View article]
    "modern money" is credit (a promise to pay)....

    1. when did this happen?
    2. when will it be redefined?
    3. what will be the 'new' definition?
    4. who defines it?
    5. what happens when the 'said' definer dies?
    6. what is his definition?

    really... credit is now money... credit crisis... there is NO money
    if there were credit... it is in DEFAULT... leveraged 20:1 packaged and sold to the tune of 55 trillion

    so... do I ask my clients to pay me with IOU's?
    that actually may be worth more than our $'s at the end of this...

    you may be on to something
    Oct 30 11:08 am |Rating: 0 0 |Link to Comment
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