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Author Topic:   Investing In Inflation
Chiroptera
Inactive Member


Message 10 of 85 (485475)
10-08-2008 5:31 PM
Reply to: Message 8 by Buzsaw
10-08-2008 4:32 PM


Re: Creation Of Money
The problem with the Federal Reserve Act of 1913 is that this power was relegated from Congress to private central banks, i.e. the Federal Reserve Banks (privately owned) and now rather than Congress creating money, we, the taxpayers must pay private central banks interest to do what Congress was suppose to do for the cost of the paper.
But conservatives think this is good, right? I thought that conservatives think that the government can't do anything right, and that private enterprise does everything better. Like Social Security and health care. And education. And prisons. And everything else that the conservatives have been trying to privatize.

Speaking personally, I find few things more awesome than contemplating this vast and majestic process of evolution, the ebb and flow of successive biotas through geological time. Creationists and others who cannot for ideological or religious reasons accept the fact of evolution miss out a great deal, and are left with a claustrophobic little universe in which nothing happens and nothing changes.
-- M. Alan Kazlev

This message is a reply to:
 Message 8 by Buzsaw, posted 10-08-2008 4:32 PM Buzsaw has replied

Replies to this message:
 Message 14 by Buzsaw, posted 10-08-2008 9:07 PM Chiroptera has not replied

  
Chiroptera
Inactive Member


Message 11 of 85 (485476)
10-08-2008 5:33 PM
Reply to: Message 1 by Buzsaw
10-06-2008 8:35 AM


Are there other better alternatives of safe investment than precious metals in light of the recent financial turmoil?
Actually, I'm thinking that this is now the time to get into stocks, now that they have dropped so much. Buy low, then sell high, and all that.

Speaking personally, I find few things more awesome than contemplating this vast and majestic process of evolution, the ebb and flow of successive biotas through geological time. Creationists and others who cannot for ideological or religious reasons accept the fact of evolution miss out a great deal, and are left with a claustrophobic little universe in which nothing happens and nothing changes.
-- M. Alan Kazlev

This message is a reply to:
 Message 1 by Buzsaw, posted 10-06-2008 8:35 AM Buzsaw has replied

Replies to this message:
 Message 16 by Buzsaw, posted 10-09-2008 12:23 AM Chiroptera has not replied

  
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