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[Clansgian AT wmconnect.com]

> > It must.  All hard assets.  That must be followed by currency inflation.  
> High  and low don't really change.  

You know, Bob, I'm here reviewing my hard assets and I'm still having a hard 
time seeing the downside.  My tools will still work.  My corn will still make 
bread.  My pump will still work.  My horse will still pull .... I still don't 
see how I'm out a cent yet.


> 
> >But, it will also cost you and eveyone else.  Your (imaginary) gifted 22 
> year old, getting ready to start his/her Juniro year at Vandy.  All of a 
> turn, 
> the scholarship money, dependent on school investment, is cut by half. 

I've long since stopped buying into that paradigm.  If all such schools 
closed the world would be better off for it.

> Your feed store has to close because they can't afford the overhead.  

> 

Sorry, Bob, that goes in the bull crap category.  I use two feed stores.  One 
is this one:

http://findarticles.com/p/articles/mi_qn4182/is_20000224/ai_n10135680

It has been going continuously since 1778 and has almost no overhead it 
didn't have two hundred years ago.

The other is a cooperative and its overhead is absorbed directly in the 
pricing.  Buyers are the owners and so profits are dynamic.  

If people have sold their business souls to the credit game (scam) then they 
are in for a hard bump.  Oddly, considering the establishments I do business 
with (lumber men, mill wrights, machine shops) none of them depend on 
renewing 
capital through credit so they will continue, if not unabated, at least only 
somewhat attenuated.

Just like Long John Silver said to Jim Hawkins, "You can't touch pitch and 
not be mucked, lad."   </HTML>