I love the fiat money system. Its great. I love the fact that my 18 year old brother is able to have 12 credit cards and have the ability to charge up to $100,000 all on a part time job paying $8.25 an hour. I love the fact that I am able to borrow 125% of the price of my new house. Borrow to buy two cars, spend 120% of my annual salary yearly. Take two vacations a year on my credit cards, and watch as my stocks increase in value 15-20% which allows me to spend 120% of my annual income yearly. I love it. I hope it never stops. I want 30% returns on my stock investments so I can spend 150% of my annual income and take 3 vacations and buy 4 cars. Send my kids to college on borrowed money. Borrow for my retirement, go into debt as far as I can get on fiat money. As you know its only paper promises to pay a debt. All good things must come to an end. But not this time. No!! things have changed. I can always continue to borrow and I never have to pay. Just as long as my stocks are okay. Up up up and away.

-- lindy (lindgren@kt.rim.or.jp), December 10, 1999

Answers

Ahhhh, the seductive beauty of a ponzi scheme.

-- James Bond (JamesBond@007.com), December 10, 1999.

So you haven't heard "Visa is toast"?

-- Gia (laureltree7@hotmail.com), December 10, 1999.

It is a good time to buy gold if anyone can gather that this message is meant to be sarcastic. I love it . I am going to borrow for my retirement. Ha ha. Anyone ever hearing of making money the old fashioned way. By earning it.If I was only able to monetize my own debt. Bank of Lindy Bonds anyone?

-- lindy (lindgren@kt.rim.or.jp), December 10, 1999.

Lindy, Your bonds would probably be worth way more than most of them out there! peter

-- peter (loosemoney@mybank.com), December 10, 1999.

I'm immune. I wouldn't own a Fiat if you gave it to me.

Kook

-- Y2Kook (Y2Kook@usa.net), December 10, 1999.