Comments on: Recent Anomalies in U.S. Stock Markets - Proof of Free Market Intervention? http://www.theundergroundinvestor.com/2008/05/11/recent-anomalies-in-us-stock-markets-proof-of-free-market-intervention/ The definitive investment blog for investment news not discussed in the mainstream media Thu, 20 Nov 2008 18:15:08 +0000 http://wordpress.org/?v=2.6.2 By: JS http://www.theundergroundinvestor.com/2008/05/11/recent-anomalies-in-us-stock-markets-proof-of-free-market-intervention/#comment-27993 JS Thu, 15 May 2008 11:28:18 +0000 http://www.theundergroundinvestor.com/2008/05/11/recent-anomalies-in-us-stock-markets-proof-of-free-market-intervention/#comment-27993 Dear Student, One, I would advocate abolishing the U.S. Federal Reserve. The Federal Reserve is not even a Federal entity. They are about as "federal" as Federal Express. The late Nobel Laureate economist Milton Friedman once stated that the U.S. Federal Reserve had not accomplished a single positive thing since they came into existence in 1913. I would agree with him. Second, fiat currency world wide is backed by nothing but by the full faith and credit of governments, which today is almost equivalent to nothing. So if the dollar was backed by gold and silver, this would strengthen the dollar enormously. However, this will never happen. Third, the 17% annual money growth rate of the U.S. dollar has to be slashed tremendously. This could happen by increasing interest rates significantly. However, this most likely will not happen until after the elections as this would be an enormously unpopular move politically right now. Dear Student,
One, I would advocate abolishing the U.S. Federal Reserve. The Federal Reserve is not even a Federal entity. They are about as “federal” as Federal Express. The late Nobel Laureate economist Milton Friedman once stated that the U.S. Federal Reserve had not accomplished a single positive thing since they came into existence in 1913. I would agree with him.

Second, fiat currency world wide is backed by nothing but by the full faith and credit of governments, which today is almost equivalent to nothing. So if the dollar was backed by gold and silver, this would strengthen the dollar enormously. However, this will never happen.

Third, the 17% annual money growth rate of the U.S. dollar has to be slashed tremendously. This could happen by increasing interest rates significantly. However, this most likely will not happen until after the elections as this would be an enormously unpopular move politically right now.

]]> By: Student http://www.theundergroundinvestor.com/2008/05/11/recent-anomalies-in-us-stock-markets-proof-of-free-market-intervention/#comment-27865 Student Tue, 13 May 2008 21:02:15 +0000 http://www.theundergroundinvestor.com/2008/05/11/recent-anomalies-in-us-stock-markets-proof-of-free-market-intervention/#comment-27865 Mr. Kim, then what would be some examples of policies to strengthen the USD? Would more competitive/attractive exports assist on the stronger dollar value? Mr. Kim, then what would be some examples of policies to strengthen the USD? Would more competitive/attractive exports assist on the stronger dollar value?

]]> By: The Underground Investor - The definitive investment blog for investment news not discussed in the mainstream media http://www.theundergroundinvestor.com/2008/05/11/recent-anomalies-in-us-stock-markets-proof-of-free-market-intervention/#comment-27776 The Underground Investor - The definitive investment blog for investment news not discussed in the mainstream media Mon, 12 May 2008 03:45:28 +0000 http://www.theundergroundinvestor.com/2008/05/11/recent-anomalies-in-us-stock-markets-proof-of-free-market-intervention/#comment-27776 [...] Recent Anomalies in U.S. Stock Markets - Proof of Free Market Intervention? The Underground Investor™ Database Archives [...] [...] Recent Anomalies in U.S. Stock Markets - Proof of Free Market Intervention? The Underground Investor™ Database Archives [...]

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