- the end of gold - , page-65

  1. 804 Posts.
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    this article: CHAOS & ORDER from the guys who wrote GLOBAL MONEY SUPPLY AND THE VALUE OF GOLD is a good read

    http://www.financialsense.com/editorials/petrov/2009/0112.html

    to quote out of context:

    "From a big-picture point of view, their (economists) ultimate analytical sin is their attempt to analyze and predict only individual economic processes: inflation, productivity, growth, unemployment, etc. Instead, the whole economy should be viewed more broadly, more holistically, and more philosophically." (I'm a soulmate here! - its the Second Law of Thermodynamics you lot)

    and the inflation/deflation debate:

    "The bifurcation point is the moment of truth where the system suddenly takes a turn towards one direction or the other – towards a rapid explosion or a rapid implosion, towards hyperinflationary collapse or deflationary depression"

    in fact reading this article gave me some understanding of why we are having the debate

    A good read on the collapse of the dollar and the return of gold as money - (thanks mjshackl for your comments!)
 
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