User 319987

Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923

Also suggested reading is, "When Money Dies". Although it is a description of the events in Germany from 1912 to 1923, it contains about four key paragraphs that describes the mistakes that the policticians and central bank made during that period. Our politicians and central bank are currently making the same mistakes and expecting different results. Go figure.

Paulson's Plan Fails to Understand the Problem; Madoff Is a Perfect Example

Investor should realize that there is no difference between Madoff, Bernanke and Paulson. Madoff got behind in his performance so he used new investor money to pay old investors and he rigged his performance figures. Bernanke and Paulson are doing the same by using other peoples' money (gov. bonds) to pay off old debt and they are concealing the performance of the bailout funds. And yet, the investing community is buying into it except the currency market does not.