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Bill Black rips Geithner a new one
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John Burns
Posted 5/3/2012 10:35 (#2366868 - in reply to #2366578)
Subject: Re: Bill Black rips Geithner a new one



Pittsburg, Kansas

I have watched that one before and other than the shameless self promotion of his newsletter and sensationalism, it has a lot of good info Reserve status is not something that one day we will simply loose but will be a gradual decay of use and loss of significance. That is unless there is a currency hyperinflation crisis. Use of the dollar is already declining and the decline is accelerating. Its use will not go completely away, just be supplanted with something else over time.

John



Edited by John Burns 5/3/2012 21:37
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