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To: Jaysun
Even if the Euro only lasted short-term, they could drive us into oblivion by simply speeding up their printing presses and passing us worthless paper for gold certificates.

That is what Greenspan was talking about. We would have to have a mechanism to protect ourselves. I don't know what that it but I think Greenspan was hinting at a political/legislative solution.

17 posted on 01/31/2004 10:46:56 PM PST by I got the rope
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To: I got the rope
That is what Greenspan was talking about. We would have to have a mechanism to protect ourselves. I don't know what that it but I think Greenspan was hinting at a political/legislative solution.

Right, but in my opinion Europe wants to see us flat on our backs. So it will be interesting to see what is proposed. If the idea involves cooperation from Europe, I think we can forget it.
21 posted on 01/31/2004 10:52:28 PM PST by Jaysun (Don't Sweat the Petty Stuff, and Don't Pet the Sweaty Stuff.)
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