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<p>[QUOTE=&quot;medoraman, post: 1502965, member: 26302&quot;]That is not what I mean. You are the one twisting my statement to mean currency. My point is firm risk. Government bailouts, handouts, welfare, whatever you call it distorts company actions. Many of these companies would not have made the dramatically bad choices they did if they didn&#039;t believe if all else fails the US will bail them out. Even if they didn&#039;t think that, the fact that the US DID bail them out now lets other firms believe they can repeat their errors if they prefer. </p><p><br /></p><p>I am saying the extreme danger is these CEOs, CFOs, and other senior management aren&#039;t scared to death of going bankrupt. As such, they will continue to make too risky of choices, since they have no fear their golden parachutes will be in jeapardy if they make some horrible choices.</p><p><br /></p><p>Fear of failure is simply not great enough in the market today. That is the government intervention I am referring to. Fiat currency has nothing to do with that topic.[/QUOTE]</p><p><br /></p>

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