Posted on 02/16/2010 7:10:57 AM PST by Red in Blue PA
Drill Thrawl also listed it in post 30.
kingpins10 is 100% correct should the dollar collapse. There is absolutely nothing in his post which is factually incorrect, and your ad hominems will not change this fact.
(BTW, my family prospered in Weimar and early Nazi Germany until their lives were their lives were threatened and they were forced to escape. I have a third of my great-grandfather's stamp collection with all those hundred-billion mark stamps. They weren't part of the government or intellectual elite.)
ML/NJ
ML/NJ
If you believe what we have now is true capitalism (versus crony capitalism), then I have a bridge to sell you.
Exhibit A of the crony capitalism now running amok in this country:
Why put words in my mouth? You know that wasn't the topic under discussion. As long as government is involved there is almost certainly to be crony whatever. But that is a subject apart from dishonest currency.
ML/NJ
Well Gee Whiz, duh, wonder why?
Obama has Treasury’s paying zero or almost so while doing Zimbawee Economics at flank speed.
So only an idiot would want Treasuries in a rapidly inflating currency that fail to adjust for real inflation.
” have friends in South America and they wonder why the United States was “estupido” to elect 0bama. They are very nervous. One even commented that the rest of the world is going to miss the USA because they were in deep trouble without the United States.”
Why? Good question. In the Great Depression of the 1930’s the same thing occurred, election of a radical leftist Fascist/Socialist...Roosevelt.
Seems that social upheaval fast tracks a country into despotism.
You’re right.
Interesting post/thread. Thanks to all.
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