Re: Apple stock hits all-time high!
- From: Oxford <colalovesmacs@xxxxxxx>
- Date: Fri, 05 Oct 2007 22:48:30 -0600
Maverick <Sun@xxxxxxxxx> wrote:
The US has one of the least amounts of Inflation in the world. The
banking system is the envy of the world. Sure, the bush crew has over
spent and mismanaged our money, but at the very worst we are looking at
4-8 years to get back to normal.
I think it will take longer than that, but it will only depend on the
working class to produce.
it just depends on how inspired the person we pick to lead us in 470ish
days. the universe is endlessly bountiful, so it's just a matter of
focusing the working class to make our lives better.
the $ along with most all advanced currency is primarily based on
"faith", and bush has damaged that "faith", but it will quickly rebound
once he is out of office.
just watch.
Oh, I'm watching and getting quite nervous about my pension.
After all, this so called advanced currency is nothing more than
monopoly money or fiat currency as others have called it. It isn't
backed by anything but debt.
can't you move your pension over to something more powerful like a
strong mutual fund or apple stock? all currency is based on "debt", gold
is the same thing, just in a different molecular form.
there is no value to gold unless people "perceive" there is, same with $
or peanuts. my plastic debt card is worth less than 10 cents, but people
give me hundreds of $$$ by touching it each week. isn't that odd?
and from the "learn something every day" department... i guess there
were gold certificates too...
http://en.wikipedia.org/wiki/Gold_certificate
.
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