Dear List Wasn't Pound more concerned with his idea that "profiteering" created wars and not with the "profiteering" resulting from wars? His was much less a moral idea than a cause/effect idea. I think he would be less concerned with the French/Germans/Canadians not making a profit from no investment than with the Russian/Chinese/North Korean seeming inability to control profiteering in black market arms to terrorists. The secular anarchist flavor and the theocratic fervor of the Islamic/Palestinian/Semetic terrorists would have had him foaming at the mouth on his web site. Besides wouldn't the US Fed controlling interest rates at so low a level have met with his grudging approval or at least his silence. Rick Seddon McIntosh, NM