Here’s what I think the financial system will look like in the future
Posted by UncommonSense 9 years, 6 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."
All Comments
- 2Posted by edweaver 9 years, 6 months ago in reply to this comment.And entirely possible!| Permalink
- 3Posted by ObjectiveAnalyst 9 years, 6 months ago in reply to this comment.Hmm. "... planned financial collapse..." Food for thought.. a veritable smorgasbord. Not just ignorant, but orchestrated... Evil!| Permalink
- 3Posted by Zenphamy 9 years, 6 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.| Permalink
- 1Posted by j_IR1776wg 9 years, 6 months ago in reply to this comment.Will do.| Permalink
- 3Posted by UncommonSense 9 years, 6 months ago in reply to this comment.I'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.| Permalink
- 4Posted by j_IR1776wg 9 years, 6 months agoHey UncommonSense what do you think it will take to start a "back to gold" movement here in the USA?| Permalink
- 4Posted by Non_mooching_artist 9 years, 6 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.| Permalink
