Theos-Talk Archives (June 1998 Message tt00564)

> From: "Marshall Hemingway III" <sutratman@aol.com>
> Subj: Re:  Re: Asian Financial Meltdown?

In a message dated 98-06-24 11:48:03 EDT, Govert W. Schüller
writes:

<< the risks and dangers of the international  financial
situation >>

<In 1900 America officially accepted the gold standard but
now we have paper
<money. I remember when the change consisted of real silver
coins instead of
<coins made from metal alloys. I recall seeing silver
certificates in
<circulation, resembling our present dollar bill.

<We are suffering from the Karma of ill-conceived monetary
policies.


>From the popint of view of the common good these policies
were ill-conceived, from the point of view of some of the
financial power elite these policies gave them greater
opportunity to rig the system in their favor. We let them do
it, so both made karma.

Govert