Marty From North Dakota

The Global Dissemination of U.S. Inflation

The world's reserve currency is backed by debt. Loose money and easy credit in combination create bubbles. When the bubbles burst capital is destroyed. That is why temperance is required. Because humans are subject to various influences such as greed and power, history has taught us that it is best to control money and credit with gold, thereby removing controls from the hand of politicians and their powerful friends. The first regulation broken by U.S. governance is the tie of currency with gold. Do libertarians believe in regulation? Clearly yes.
Please write more, Mr. Coutaz. Hello from North Dakota :-) -Marty

David Fry's Market Outlook for Thursday

How about a graph on the Zimbabwe market? I'm reading that their outrageous inflation is causing their stock market to soar, but it's not soaring fast enough to keep up with the decline in their currency.