Apr 22
Position Update
I longed the GPB/USD @ 1.9828
Risk:reward Ratio 1:1 minimum
First Target @ 1.9885 Second Target @ 1.9968+
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April 2008
M T W T F S S
Words of Wisdom
“Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security but [also] at confidence in the equity of the existing distribution of wealth.
”
by John Maynard Keynes, The Economic Consequences of the Peace 1919. pp. 235-248.
”
by John Maynard Keynes, The Economic Consequences of the Peace 1919. pp. 235-248.
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