If you assume the long term bull market is still intact [and I believe this is the case], then the probability that prices will be higher is...
I'll leave it to the readers of this forum to decide whether or not your recommendation of permitting the financial system to collaspe will be a...
Let's review your exact comment in reply to my post.... Originally Posted by Cloudsweeper99 It's complete nonsense to believe that...
I believe the sytem can be saved. I don't know if the political will exists to do it. It is possible that the present course will end in...
The point is that your suggestion that what happened in Iceland is somehow comparable to what would occur in the US if the entire financial system...
Why don't you address the real point instead of dodging as you always do. Iceland is not a major source of financing for corporations. If a...
Greenspan and Bernanke have told Congress for many years that their irresponsible fiscal policies were damaging the US economy. It's all in the...
Iceland has a tiny population. There are few companies that derive a major part of their business from Iceland, or rely on the capital markets of...
It's complete nonsense to believe that permitting the stock market and banking sector to collapse will benefit the common person. The math can't...
I don't consider high rates of inflation to be a certainty. It's probably a 50/50 proposition depending on policy decisions that have not been...
Good for you! :thumb: You've figured out fatima.
I don't believe most people want to confirm what they read. The beauty of the stuff posted on the internet is that someone can read a half dozen...
Interestingly, I started buying silver around $7 partly because it was up from $5. And gold around $400 partly because it was up from $250. And...
Plus, while the Krona was devalued, it is still in use and has not collapsed. Iceland had a banking crisis, not a real currency crisis in the...
You missed the point. The original statement was that there is no way to pay down the debt without hyperinflation. As I showed, this is clearly...
Well, there were a lot more factors than gold that lead to the growth. - Industrial Revolution - Virtually free land - Rapid population...
I was merely responding to a post with an incorrect statement in it. And you are correct that I have my own ideas about the situation. The...
Antal Fekete brings it up constantly, but nobody reads him. I think he might be the only person who has deeply studied how the gold system used...
I neither said that paying off debt was bad, nor said that accruing more of it is better. It is a mistake for you to think so. The economics...
Antal Fekete probably understands more about how the gold standard really worked in practice than any other living economist. This is almost lost...
Separate names with a comma.
