UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: desertdaveataol Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 457182  
Subject: Re: My friend the jeweler called me Date: 7/10/2013 6:45 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 9
Thank you for recommending this post to our Best of feature.

So many takeaways in one post!

One thing I'm certain of is that if a country could print its way to prosperity, Weimar Germany would have ruled the wrold until Zimbabwe came along.

but I suspect the people with the most history of fiats gone bad are the far Easterners and they're stocking up on physical (as opposed to paper) bullion.

Maybe this time is different ( I love that saying) and Bernanke, et al will prove that a country, indeed most of the world can, indeed print its way to prosperity.....papering over, as it were, the sins of past malinvestments.

Gold is the currency of kings, silver is the currency of gentlemen, barter is the currency of peasants -- but debt is the currency of slaves.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Post of the Day:
Value Hounds

Kate Spade's Wild Ride
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement