paper money is far from perfect, but it is the best we can find

回答: Yeah, have not we seen in last ten years as天下无马2011-01-18 15:24:31

today. No matter what currency system we pick, politician and wall street people will win, since losers already disappear from public eyes. It was this way in the old days when we only use gold and silver in China, rich people are always politician and business man. 官和商。

Wall street is just an efficient way to pool people's money together for mordern world's mass production, without wall street, there will be no freeway systems, communication systems, utility (electricity, water) systems, or put it another way, cost will be much higher, like what is going on now in North Korea.

 

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So you believe WS is bilaterally fare? :) -天下无马- 给 天下无马 发送悄悄话 天下无马 的博客首页 (516 bytes) () 01/18/2011 postreply 15:42:06

I am not saying there is no corruption, I applaud when countrywi -longterminvestor- 给 longterminvestor 发送悄悄话 longterminvestor 的博客首页 (174 bytes) () 01/18/2011 postreply 15:53:06

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