At 5:12 PM +1300 12/4/03, Sidd wrote:
>Here's an interesting observation:
>
...
>You Americans must be really pissed at how your currency is being
>destroyed!

So far, it doesn't seem to be much of an issue. Most folks have
probably forgotten the high inflation days of the '70s by now, so
it's a perfect time to have lots of inflation, especially after media
stories earlier this year warning of DEflation (during a war, yeah
right!). Even newspapers like the Wall Street Journal (which is
supposedly filled with people who know economics!) ran these
panicky "there might be deflation" stories. IMO, "how they ever
even got to be news" might be an interesting story someday. I
expect http://cryptome.org/ John Young to cover it before the
"professional" media when that happens. Go buy his CD, John
is a hero of the information-age.
JMR



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