Re: greenspan....

On 29 Jan 2006 16:17:51 -0800, "Jason P" <jaspetr@xxxxxxxxxxxx>

typed:
>
>abelard wrote:
>
>>
>> god knows if you will understand much of this..
>>
>> let's try again....the bank does not control interests rates....
>> that's just fossil media and politico babble....
>> the bank controls money supply...the markets control
>> interest rates...(ie the bank controls interest rates by
>> manipulating the money supply)
>>
>> let's propose to you that interests rates were hiked to
>> 50%...what then?
>>
>> next step....what is money used for....
>> answer...for trading....
>>
>> now...most well run central banks now try to control
>> 'inflation' (not money supply)
>> nest...the inflation figures are being heavily manipulated
>> by governments...
>> next....the government own the central bank..lock, stock
>> and barrel....
>>
>> the governments try to get you to believe the rpi is
>> inflation ( big lie)
>> next....governments love inflation....
>>
>> inflation above ~3% destroys economies...last i looked real
>> inflation in the uk was 9%+ (in the us next to nothing)
>> next deflation has other problems....
>>
>> so...why do you want a much higher rate of interest in the usa?
>> you want deflation? that's what you'd get....
>>
>> there is money 'out there'....in the case of the $....an absolute
>> wall of money....people with any sense won't hold money...
>> esp money that is being inflated hard...
>>
>> so they try to get it into assets....
>> they see an asset rising...so they run towards it....
>> eg gold this week....
>>
>> you want to control what people do with *their* money...ie you're
>> a damned socialist...
>>
>> if they transfer sufficient to gold...and there is 'no' inflation...then
>> house prices will fall....
>>
>> why do you care?
>>
>> you're eating...you have a cave....you have clothes?
>> much of the rest is a game..a gambling casino to keep sheep
>> occupied...
>>
>> so...why do you want higher interest...
>> in fiat economies it is often smart to borrow...not to save
>>
>> why are you dedicated to saving?
>>
>> just what do you want and why?
>>
>> whatever it is....it is first wise to adjust to reality...
>>
>> like to ask an intelligent q. about greenspan's policies?
>> in due course you might even get to understand the *why* of his actions
>>
>
>Good God, fraudy, once I decoded that, it actully made sense. You may
>not know much about other things, but I'll give you this, you know how
>money works.
>
>Actually it shouldn't surprise me that much. You may be crazy, but
>money matters must have been in there somewhere before you went mad.
>Were you an investment banker or something in a former life? ..Maybe a
>shylock loan shark like Vincent Palmer in "Get Shorty?" ...Going
>Hollywood next?
>
>Seriously, it did make sense..!

i know that.....
eventually you will find that applies to other things also....

my speciality is communication logic/theory....
i study money as a communication system....

--
web site at www.abelard.org - news and comment service, logic,
energy, education, politics, etc 1,544,346 document calls in year past
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all that is necessary for [] walk quietly and carry
the triumph of evil is that [] a big stick.
good people do nothing [] trust actions not words
only when it's funny -- roger rabbit
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