NP - And Greece created Europe: the cultural legacy of a nation in crisis

[David Morris]

Debt is so relative, as should be the value of a nation's currency.
And this is especially so in a serious recession, when inflation and
interest rates are nearly non-existent.  The simplest and quickest
solution to Recession here and there is to PRINT MORE MONEY, and
spread it around as quickly as possible.  Unfortunately, austerity has
become the new religion, and will only prolong suffering.

And gold's value is purely an illusion hearkening back to
pre-Keynesian times.  It's sparkle is its only real worth.

David Morris

On Fri, Nov 18, 2011 at 4:05 AM, Kai Frederik Lorentzen
<lorentzen at hotmail.de> wrote:
>
> If your country had experienced hyperinflation twice during the 20th
> century, you'd talk different.
>
> Oh, by the way, did you recently look here?
>
> http://www.usdebtclock.org/
>
>> Euro structure not allowing quick monetary expansion (print more money) is the real villian. But ECB is Old Gold obsessed, a sort of monetary BSM fetish, so musty 29's.