December 2010 - AIA Advocate for Absolute Returns

The AIA "Advocate For Absolute Returns", an on-line publication of The Association for Investor Awareness, Inc., tracks market trends, industry news, the SEC, global trade and finance and Washington developments for you because they affect your investments. But who doesn't? Many sources simply report these issues as abstract facts.

We feel that's not enough. The AIA Advocate's job is to warn you of what's important and how these developments translate to ground-level forces and threats that directly affect your wealth as well as your current investment opportunities. Not just information, but information you can use. Until next time…

  • Beating a Dollar to Death

    When you’re down on your luck—or when you’re embarrassingly cheap, as I am—you occasionally find yourself trying to fob off on some unsuspecting cashier a dollar bill in such poor condition that you yourself would not accept it. This is because there is deep within the breast of every capitalist something that will not allow him to give up on a piece of paper money, no matter how tattered it has become. Doing so would chip away at the almost mystical agreement among nations that underlies the value of all printed currency. This is true despite the fact that there is a point, if only inside our heads, at which a dollar bill becomes so damaged that it can no longer possibly be backed by the full faith and credit of the government of the United States.

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