Bear Trax Wrote:
Jan 21, 2013 9:26 PM
For more than a year, I kept posting, "do the printing press ah-go-go, let's dance". Now we find out they're not printing more money, at least not very much. This whole debt thing and the quadrillions that the Fed is passing out world-wide is electronic money. They just add zeros to their computer and give it out. There's so much of it floating around so fast that no one ever gets to the point of getting the green money. Ofcourse that system, much like a ponzi scheme has a lifespan. It's like jumping off a cliff, it's exhillerating at first, then you realize it's going to end, and finally, 'splat' it's over. It will be interesting to see what happens when the game collapses. We'll probably go into some kind of barter system.