11-07-2011, 11:39 AM
All currencies compete with one another on the world market.
zero interest loans will not have the inflationary impact in the countries that the funds were loaned to, but they will have an inflationary impact on the lending country when the fed starts to pull the worthless paper out of circulation.
which they will, it's not a question of will they? it is a question of when will they start to pull the trillions in unbacked funds from circulation.
jimmy carter X2 when they do.
zero interest loans will not have the inflationary impact in the countries that the funds were loaned to, but they will have an inflationary impact on the lending country when the fed starts to pull the worthless paper out of circulation.
which they will, it's not a question of will they? it is a question of when will they start to pull the trillions in unbacked funds from circulation.
jimmy carter X2 when they do.
Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.
John Adams
John Adams