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Ardent Listener
5th February 2010, 23:42
Containing Inflation Via Unlimited Money Creation:

The Fed's Strategy


Containing Inflation Via Unlimited Money Creation:

The Fed's Strategy

http://danielamerman.com/articles/Containment.htm (http://danielamerman.com/articles/Containment.htm)

LETMYSILVERGO
6th February 2010, 00:34
Great Read. is there an answer to this anywhere??

Cup-of-Ruin
6th February 2010, 02:03
So thats the same as saying 'containing inflation by excessive inflation'????,
double-plus-good.

DaleFromCalgary
6th February 2010, 09:09
From the article: "Symbolic money such as the post-1933 US dollar is governed by a set of rules, and when a government gets its back against the wall it just changes the rules."

Which is, of course, the advantage of bullion, whose rules have been established by 5,000 years of history.