Thank you very much for your fairly smart e-mail.

Rainer

On 29.03.2015 17:49, Alain wrote:
This message by Rainer only reflects his own personal opinion and only engages
his responsibility. Many people are known to disagree. Some of them fairly 
smart.
Alain

On 03/29/2015 02:45 AM, Rainer wrote:
A misunderstanding:

On 28.03.2015 23:22, Ron Andrico wrote:
Thanks, Rainer, for reminding us that not all governments behave like the US,
and Europeans actually take the ECB seriously.

Nobody does. The German Bundesbank was independent and never cared what the
German government said -never.

The infamous ECB is currently buying loans for more than 60 billion (American
billions) Euros every month in order to rescue countries like Greece,
Portugal, Italy and even France...

The Euro certainly was the most stupid invention of all times :(

Rainer



Sure, the Federal Reserve is
supposed to be an independent entity with government oversight, but it simply
doesn't happen that way here where regular folks absorb those pesky negative
externalities, and bankers set and change the rules at will. Sadly, the average
lutenist is not too big to fail, else I'd be demanding my $800 billion.

RA

 > Date: Sat, 28 Mar 2015 19:56:53 +0100
 > To: praelu...@hotmail.com; lute@cs.dartmouth.edu
 > From: rads.bera_g...@t-online.de
 > Subject: [LUTE] Re: Saturday morning quotes - Fantasia
 >
 > Dear Andrico,
 >
 > you write "Or do people today realize that money is merely paper that
 > governments just print and allow to be distributed when and to whom they
please?"
 >
 > You certainly know that this is nonsense.
 >
 > No government in Europe is allowed to print money. Unfortunately, the ECB is
 > (sort of) :(
 >
 > Rainer
 >
 >
 > On 28.03.2015 19:11, Ron Andrico wrote:
 > > We have posted our late Saturday quotes, this week on "Ile fantazies de
 > > Joskin."
 > > [1]http://wp.me/p15OyV-18G
 > > Ron & Donna
 > >
 > > --
 > >
 > > References
 > >
 > > 1. http://wp.me/p15OyV-18G
 > >
 > >
 > > To get on or off this list see list information at
 > > http://www.cs.dartmouth.edu/~wbc/lute-admin/index.html
 > >
 >
 >






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