Here’s what I think the financial system will look like in the future
Posted by UncommonSense 10 years, 3 months ago to Economics
And having fancily printed paper proclaiming you have gold somewhere won't cut it either. If you don't have the Real Thing, you got shafted. Just like the old country song: "She got the gold mine, I got the shaft."
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- 4Posted by j_IR1776wg 10 years, 3 months agoHey UncommonSense what do you think it will take to start a "back to gold" movement here in the USA?Mark as read | Best of... | Permalink|
- 3Posted by UncommonSense 10 years, 3 months agoI'd like to believe the coming, planned financial collapse of the US will, but that will instead serve to usher in a world currency; with the IMF in charge using the "special drawing rights". Be sure to check out my next posting that covers just what we are talking about.Mark as read | Parent | Best of... | Permalink|
- 3Posted by ObjectiveAnalyst 10 years, 3 months agoHmm. "... planned financial collapse..." Food for thought.. a veritable smorgasbord. Not just ignorant, but orchestrated... Evil!Mark as read | Parent | Best of... | Permalink|
- 2Posted by edweaver 10 years, 3 months agoAnd entirely possible!Mark as read | Parent | Best of... | Permalink|
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-- 1Posted by j_IR1776wg 10 years, 3 months agoWill do.Mark as read | Parent | Best of... | Permalink|
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- 4Posted by Non_mooching_artist 10 years, 3 months agoExactly. I often wonder about people who invest in hold, but aren't actually in possession of the physical gold. What is actually the value? Zip shit over infinity, to borrow a phrase, because no one will take that piece of paper in trade. No value. Like paper money now. Worthless.Mark as read | Best of... | Permalink|
- 3Posted by Zenphamy 10 years, 3 months agoNo financial system will work in a dependency system such as we have today and have had since the 30's. It matters not as long as a portion of society drains value from those that produce.Mark as read | Best of... | Permalink|