I wanted to say that the US Fed / government can print as much money they
want. As long as those money are "sent" outside US and don't come back, the
Fed has nothing to worry about. But most countries can't do that, because
their currencies are not used outside their borders, so they can't print
money as they wish (but they can issue stuff like bonds or alike, because
they can't be used as currency). Therefore, US is a particular example,
which can't be applied to the whole world. You gave the example with the Fed
printing money as they wish.


> I wonder what Robert S.Z. has to say about Malaysia using gold only for a
limited time.

Robert *said* that!


And something from your previous post...

> Wow, so when a share of Berkshire Hathaway rises from $71,000 to $72,000,
it actually becomes LESS valuable because fewer people can afford it.

If you can say they would make a split when the value of a share raises with
0.001%, then yes. But I would say a split would be done for 100% raise
($142,000). And that makes a share less valuable because less people can
afford to buy it, not because its price goes down. So, the speed of growth
would slow down. Competition doesn't!


Regards,
George Hara
www.filematrix.xnet.ro




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