To: arete
(Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
Just noticed your tagline. I"ll bet Greenspan won't advice anyone to invest in gold or silver U S minted Eagles...huh.
57 posted on
02/19/2003 6:43:00 PM PST by
WatchNKorea
( http://www.freerepublic.com/forum/a3a37a7ce78f9.htm)
To: WatchNKorea
Greenspan's whole new era flim flam economy of paper IOU's piled on other paper IOU's depends on keeping the confidence of the ponzi participants. Buying gold or silver shows a lack of confidence in the debt ponzi scheme. As I told someone the other day, can you imagine what would happen if just 20% of savers went to the bank and tried to close their accounts and asked for cash? The whole ponzi debt scheme would collapse overnight. Last person out the door turn off the lights cause the party is over.
Richard W.
59 posted on
02/19/2003 6:51:20 PM PST by
arete
(Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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