Precious Metal Developers Provide Value and Upside in 2009 [View article]
How can a bank grow the money supply? Do they have presses somewhere that we don't know about? What is that loud whirring sound coming from washington? Is it related to the giant sucking sound Ross Perot used to talk about? How do wars and taxes prevent inflation? Don't they both usually drive prices higher?
On Jan 02 12:58 PM Gold Barron wrote:
> The government is not Marxist....it is Fascist. Bailing out corporations > is not Marxism, it is Fascism. Dont worry about inflation too much > because there will be much higher taxes and some major wars in the > next few years. We are in a deflationary period and will be for a > long while. > > The fed does not grow the money supply, banks do. The dollar is the > ultimate safe haven.
Precious Metal Developers Provide Value and Upside in 2009 [View article]
On Jan 02 12:58 PM Gold Barron wrote:
> The government is not Marxist....it is Fascist. Bailing out corporations
> is not Marxism, it is Fascism. Dont worry about inflation too much
> because there will be much higher taxes and some major wars in the
> next few years. We are in a deflationary period and will be for a
> long while.
>
> The fed does not grow the money supply, banks do. The dollar is the
> ultimate safe haven.