"Ed Huntress" wrote in message
...

"F. George McDuffee" wrote in message
...
On Wed, 7 Jan 2009 17:58:40 -0500, "Ed Huntress"
wrote:

May your IRAs and 401Ks be filled with US dollars and not
spondulicks this holiday season.


Unka' George [George McDuffee]

George, there is only one US currency. It's the same currency no matter
where you have it.

--
Ed Huntress
-----------
Then why are the banks, brokerages, insurance companies, and
other financial institutions screaming like a stuck pig when they
must convert their bonds and other securities from spondulick
valuation to real dollar valuation, otherwise know as "mark to
market" under Sarbanes-Oxley?

That's valuation, not currency. We have only one currency.

OK then Ed, it's really monetization and the good thing is that it isn't
inflationary.


JC