=93The historical culprit generally has been the use of
fiat currencies - currencies with no asset backing
such as gold - and the resulting massive printing of
currency that the issuing authority needed to sup****t
its system, when it did not have the ability, otherwise,
to raise enough money for its perceived needs, through
taxes or other means.=94
http://www.kitco.com/ind/Ruff/ruff_apr212008.html
*********
Wow, if one could only cover up debt by printing
money with no backing. But wouldn't that amount
to a depression?
Etznab
