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IPFS News Link • Currencies

Are You Ready for a Crack-Up Boom?

• davidstockmanscontracorner.com

Then investors must have realized that returning to normal is not on the Fed's agenda. The Dow finished the day down 99 points.

We haven't seen normal central bank policy since the Nixon years. Normal is a currency backed by gold, not by PhD economists. Only briefly and episodically, over the last 2000 years, has the world flirted with pure paper or "fiat" money. Every time, the affair was over in a short time… and regretted for a long time.

1-Fate_of_CurrenciesThe result of the usurpation of money by government


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