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We can always print more money . . .
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<p>[QUOTE="judgea, post: 1995617, member: 72280"]Well, another day, another Dow decent toward the abyss. . . at first it made me sort of gleeful to see things turning south. I thought, "yes, I've been predicting this, their policies of spending and greed will ultimately bankrupt the country!" but now that we're two steps into the dance, I'm feeling slightly less enthusiastic about finishing. </p><p><br /></p><p>Obviously, some correction is healthy, but I fear how the controllers will react. We've already heard the much revered Alan Greenspan's take on the situation "We can always print more money"</p><p><br /></p><p>Great plan! If you've got all your funds in foreign currency or metals.</p><p><br /></p><p>I don't even know if that would protect you from the fallout of another round of "quantitative easing" from the fed. And that, my friends, is exactly what we have to look forward to, more money printing. </p><p><br /></p><p>My question, at this point in the game, is: what does the american government have to gain from self destruction? Seriously? if they default, or cause hyperinflation of the dollar . . . OR BOTH . . . what do they have to gain?</p><p><br /></p><p>I ask, because that is where we are headed. And I HAVE to assume someone is still steering the boat.[/QUOTE]</p><p><br /></p>
[QUOTE="judgea, post: 1995617, member: 72280"]Well, another day, another Dow decent toward the abyss. . . at first it made me sort of gleeful to see things turning south. I thought, "yes, I've been predicting this, their policies of spending and greed will ultimately bankrupt the country!" but now that we're two steps into the dance, I'm feeling slightly less enthusiastic about finishing. Obviously, some correction is healthy, but I fear how the controllers will react. We've already heard the much revered Alan Greenspan's take on the situation "We can always print more money" Great plan! If you've got all your funds in foreign currency or metals. I don't even know if that would protect you from the fallout of another round of "quantitative easing" from the fed. And that, my friends, is exactly what we have to look forward to, more money printing. My question, at this point in the game, is: what does the american government have to gain from self destruction? Seriously? if they default, or cause hyperinflation of the dollar . . . OR BOTH . . . what do they have to gain? I ask, because that is where we are headed. And I HAVE to assume someone is still steering the boat.[/QUOTE]
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We can always print more money . . .
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