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To: arete
"The strategy for eliminating the zero bound, therefore, is to make money pay a negative nominal interest rate, by imposing some type of "carry tax"on currency and deposits."

There's that phrase I introduced a month ago again...hmmmm, but I'm a "gold kook" according to several here on FR.
6 posted on 07/14/2003 8:09:58 PM PDT by Beck_isright (Remember the Blue Ridge Corporation!!!! Damn the torpedoes and SEC, full speed ahead!)
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To: Beck_isright; David
These guys just don't float this information out without reason and purpose which makes me wonder exactly why they keep publishing these possible plans of action and what it is that they are really up to. Is it misdirection, misinformation or innoculation? I trust nothing coming out of the FED or the government at this point. Always look for the hidden agenda.

Richard W.

12 posted on 07/14/2003 9:31:24 PM PDT by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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To: Beck_isright
I'm a silverbug, and you know we "goldkooks" will have the last laugh. When the dollar devalues 80%+ over the next decade, goldbugs will be sittin' pretty.
13 posted on 07/14/2003 9:34:18 PM PDT by Capitalism2003
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To: Beck_isright
There are a lot of us kooks here, but the kooks usually turn out to be right. Hmmm, maybe that's where you got your screen name.
16 posted on 07/15/2003 5:54:06 AM PDT by jammer (Nasa knows why Columbia crashed. Now all they need to figure out is why they still exist)
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