re: gold ok, the us getting blown away//nnaaaa There is no easy way out for the US......Greenspan cannot afford to raise interest rates enough to keep inflation in check without stifling economic growth.
Greenspan since 1987 has increased the overnight lending rate 19 times by 25 basis points, 5 times by 50 basis points and once by 75 basis points in 1994.
History will again provide an accurate guide of what to expect from Grandpa Greenspan
