By Hugh Thomas, on the Cato Institute's site: "Banks are the most highly regulated industry in the economy today ... " Right. The banking system is the means through which a government creates money out of thin air and expands and contracts credit in the economy. But sooner or later a government ends up between a rock and a hard place because of this power/control over an industry that is abused. It's usually the average Tom Dick and Harry that takes the fall. http://www.cato.org/pubs/journal/cj20n2/cj20n2.html Bob "Speculators will prosper. Capital will suffer and pull away preferring to hoard its assets in an atmosphere of certainty. But the wage earner will endure the worst for he cannot place his labour offshore nor can he hoard his labour in fear of volatility, political uncertainty and devaluation." - Martin Armstrong -- http://www.bearerinstruments.com A Directory of Web sites and Internet presences accepting non-fiat monies. http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt 650C 51DA 734F 697F 5706 3D6A 7712 BCC9 D1AE 00BA --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
