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Originally Posted by Rev.Vassago
The solution isn't necessarily interesting. Ditching the old currency for a defacto new currency generally is how hyperinflation is solved. It is interesting who implemented it though.
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The part I found interesting was that Germany took their money out of the market and basically controlled its value....and financing internally while preventing any "short-selling" of their currency.
Frankly....I think one of the greatest mistakes this country ever made....was coming off the "gold standard" and allowing our currency to float in the market and be subject to the vagaries and whims of "brokers"....
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Saving ourselves from our debt by creating massive debt only works if you can eventually get yourself out from underneath the debt. Frankly, I just don't see that happening, and it seems to me that the current solution is like putting a band aid on a severed limb.
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While there may be some validity to what you say....I think the jury is still out, and given that he has only been in office a hair over 4 months..... I think he deserves a little more time before we march in the streets at sundown with torches.....
What I see the present administration as doing is trying very hard to prevent a "domino" effect.... and its a valid path of attack. Loan Guarantees can work wonders...but the other half of the issue is that the car makers have what I call "gutless opportunists" at the helm.
What we need is a "herd" of Iacocca's....and it wouldn't hurt in the least if we informed the rest of the freaking planet that we were going to play the game by the same rules they do with regards to imports and exports..... If Japan or any other country puts a tariff on our products.....we need to put the same blasted tariff on their products.... and if they don't like it...piss on them. Its time this country and its people embraced a little "Xenophobia"!
I have bought American made cars for years.... the last foreign made one was back in 1971.... sold it in 73, bought American....and have stayed with them. My current vehicles are Dodge and Ford.... piss on Mercedes, Jaguar and all the rest.... status symbols are a waste of money and just impress others foolish enough to care about that nonsense...
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Forrest Gump was right....and some people literally strive to prove it.....everyday. Strive not to be one of "them".... And "lemmings" are a dime a dozen!
Remember: The "truth WILL set you free"! If it doesn't "set you free"....."it will trap you in the cesspool of your own design".
They lost my original "avatar"....oh well.