Reply to U.S. Annual Inflation rose to 6.8% in November

Forum Index » Political Discussion

Reply to "U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]This is my theory.

The dollar is obviously on the road to becoming worthless. What does a 1.7 percent rate on a 30 year bond tell you?

It says the price of money is basically zero.

The dollar will lose favored world status and privilege because we have abused it so horribly and the world won’t stand by with making products with labor, capital and pollution while we push a button to print money to trade for those products while sitting on our asses doing pretend or unproductive  work.

When that happens the s*it his the fan. The country is already in default because we can only pay with a printing press. But when that is taken away we will default by making a big coin of 30 trillion dollars and consider the debt paid. The dollar will then be abandoned and the politicians will point fingers in all directions for mass confusion.

The dollar will be replaced by some form of non fiat money and peoples dollars will be traded in for a much smaller sum of the new hard money.

A total reset is [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics