WHY did they DO that??

"Why did the founders include the following in the U.S. Constitution? -- "No State shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts" --Article I, Section 10, Clause 1

Can you name that substance?

It wasn’t all that long ago that money was actually made of something scarce–-a real asset that couldn’t be conjured at will by an appointed bureaucrat. --Simon Black of Sovereign Man, Guest Post: The Experiment Has Failed. Are You Ready? | ZeroHedge

Radical notion II - - -

People are now willing to forego instant gratification to have cash flow and avoid interest payments. --K-MART'S Chief Marketing Officer Mark Snyder, CNBC, April 21, 2010, 07:44:40

THE Radical Notion: HERE.

Midwife?

Deflation is the midwife of hyperinflation. --Howard_Beale, Fri, 02/26/2010 - 19:53 #247566

Comeuppance?

There is no means of avoiding the final collapse of a boom brought about by credit expansion. --Ludwig von Mises, Human Action (pg 572)