LibertyLemming
VIP Member
- Thread starter
- #21
Well, history says all FIAT currencies die. It also says inflation kills currencies.
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Well, history says all FIAT currencies die. It also says inflation kills currencies.
There are a lot of humans who aren't dead too.
There are a lot of humans who aren't dead too.
All specie back currencies die eventually.
Max Keiser says the Dollar will collapse by April 2013 at the latest.
What's gonna collapse it?
Where to start? Printing money? Massive debt? When our trading partners figure out that were no longer solvent, theyll stop lending us money (that is, theyll use their dollars to buy euros or yen or gold rather than U.S. bonds), and the value of the dollar will plunge. The process has already begun, with decreasing demand for dollars sending the value of the dollar down by more than a third in this decade. But this is just the beginning. Our currency isn't backed up by shit. Inflation is whats really going to kill it though.
There are a lot of humans who aren't dead too.
All specie back currencies die eventually.
Not really, people just get greedy and decide to print money instead of continuing to practice sound money. There is a difference between dying from failure and dying because people didn't want to be fiscally responsible so they quit sound money.
Max Keiser says the Dollar will collapse by April 2013 at the latest.
Max Keiser says the Dollar will collapse by April 2013 at the latest.
What's gonna collapse it?
Where to start? Printing money? Massive debt? When our trading partners figure out that were no longer solvent, theyll stop lending us money (that is, theyll use their dollars to buy euros or yen or gold rather than U.S. bonds), and the value of the dollar will plunge. The process has already begun, with decreasing demand for dollars sending the value of the dollar down by more than a third in this decade. But this is just the beginning. Our currency isn't backed up by shit. Inflation is whats really going to kill it though.
You folks seriously don't understand what an economy is..or what wealth really means.
Here's a hint..
It isn't paper money or gold.