Here’s what I think the financial system will look like in the future

Posted by UncommonSense 9 years, 4 months ago to Economics
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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."
SOURCE URL: http://www.sovereignman.com/finance/heres-what-i-think-the-financial-system-will-look-like-in-the-future-15559/


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  • Posted by Non_mooching_artist 9 years, 4 months ago
    Exactly. 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.
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  • Posted by Zenphamy 9 years, 4 months ago
    No 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.
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