Lifeboat News: The Blog » Productive Nanosystems and the 2009 …
Written by admin on October 16, 2009 – 10:38 pm -In the olden days, monetary expansion occurred when the king called in all the coins , shaved them or diluted the alloy that made them up, and then re-issued them. This was the old-fashioned form of deficit spending. This trick became easier with the invention of paper money , and became even more easy as financial services moved into electronic bits. Original post: Lifeboat News: The Blog » Productive Nanosystems and the 2009 … Read More →
Posted in Uncategorized | No Comments »
The Dollar in Your Wallet Is Only Worth 18¢ | The Second Great …
Written by admin on October 16, 2009 – 11:49 am -The U.S. monetary base ( coins , paper money , and central bank reserves) at the end of August 2008 was about $800 billion (minus dollars held abroad). In response to the economic crisis, the U.S. Here is the original post: The Dollar in Your Wallet Is Only Worth 18¢ | The Second Great … Read More →
Posted in Uncategorized | No Comments »
Gold, Silver, Metal Prices: Commentary (10/16/2009) - Coin News
Written by admin on October 16, 2009 – 10:42 am -What gold perma-bull pays any attention to the world’s largest physical gold consumer when an amount equal to the country’s annual imports (in a good year) has been piled into paper positions in NY? Party on, in the house of cards. … See the rest here: Gold, Silver, Metal Prices: Commentary (10/16/2009) - Coin News Read More →
Posted in Uncategorized | No Comments »