Monday, July 18, 2011

only china-like chg in human nature will wk

only china-like chg in human nature will wk

China is changing human nature by asking its people to invest in gold.

The US must do the same thing.

It must become as common to talk about the economic temperature as it is to talk about the air temperature.

Cultures whose people who own gold are acutely aware of when an economy is too hot from too much currency as revealed through higher gold prices, a good time save more currency as lenders increase interest rates.

Cultures whose people who own gold are acutely aware of when an economy is too cool though too little currency as revealed through lower gold prices, a good time to save less currency as lenders decrease interest rates.

I believe human nature matters more than economic systems and proposals.

The Chinese learned this a long time ago.

They were the first to learn these lessons of MODERATION:

* money
* neutrality.
* regulation.

These lessons have kept them together as a "bend but not break" nation longer than any other.

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