Dubai World over-reaction, Ben Bernanke Op Ed
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Dubai's fame came at a cost
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I didn't know what the fuck this guy was talking about off the start and I was thinking he was stupid. But holy shit did he nail it at the end. I completely agree with him and he is a person who gets it. I'm also questioning my ability to gauge people's intelligence.
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It's still exploitation, that's the point.
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Gold is not the barbarous relic, rather, central banking is. Why try and prop up a failing system? Banks crash, have crashed, and will crash, because our financial system is induced to implode in a pyramid of debt that arises not just from control of interest rate but because FRB, allowed by Fiat money, runs with distorted interest rates in increasing credit-but because the price increases are NOT even, the boom, false sense of prosperity, develops that ends when the drunkenness ends. Hello bust
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@julianmck The fact that you think you'd be rollin around with a pocket full of metal shows your ignorance regarding metal backed currency.
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Great, most have evolved but some want to go back to simpler days. Gold standards etc. I would love to have a pocket full of silver for the shopping. Stick to market forecasts. Stay out of politics please! Ron Paul too! Nice men with no idea of modern commerce. Check out my 2 vids
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Ron paul suck ass!
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@blingbling65943 what China is also is investing in doing oil and gas deals with India and other oil producing countries. Investing in hard assets. That is better than holding too much fiat money.
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i would of voted you for president if you made it to the final 2 .we voted for mccain
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Ben Benanke is responsible not lowering interest rates when intelligent Americans, like myself, saw the signs of our current depression approaching. Terminate Ben Bernanke! Then, audit the Federal Reserve; force their transparency.
TainaAtheist1 2 years ago 3
People always ignore the exploitation. Or redefine it as something else.
Be honest, it's exploitation. maybe it's exploitation that is ultimately beneficial for the exploited, but it's still exploitation of desperate people.
Jcolinsol 2 years ago 3