[Al_U_Card]

Can you say, "Value for money"? As in = supply vs demand - speculation.

[Al_U_Card]

With the vast majority of world-wide financial transactions being exchange related, a lot of our inconsistencies come from traders pushing different currencies to make a buck. Determine standards of living etc. and base the currencies on non-speculative metrics. Better yet, determine value in terms of time worked (or services rendered) and use that as the medium of exchange. Confused yet? You wouldn't need to be if people couldn't get rich by chipping away at the value of your assets.

[rbforster]

kenberg, on Jan 19 2008, 09:51 AM, said:

I expect that many of you, like myself, would put the $500 in the bank. which will be nice for us but will not stimulate the economy.

Don't worry. Mr Bernanke just made it almost 1% less rewarding to save that money yesterday, as an added inducement to go blow your $500.

[Al_U_Card]

The Federal Reserve is the only private company that people seem to think is government "controlled". Of course they operate based on their own principles and not for the common weal.