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Author Topic:   The Giant Pool Of Money. Implications
fearandloathing
Member (Idle past 4145 days)
Posts: 990
From: Burlington, NC, USA
Joined: 02-24-2011


Message 124 of 423 (615934)
05-18-2011 12:35 PM
Reply to: Message 119 by Buzsaw
05-18-2011 11:10 AM


Re: Good Inflation......? Bad Inflation.....?
Hi Buzz,
I'm all eyes and ears. Tell me about hyperinflation and busting of the $$ in the 19th and 20th century in America. I've lived 2/3 of the 20th century and it never happened until the $$ couldn't be cashed for silver.
What do you suggest?
Are you aware that all the gold and silver in the world is worth less than our national budget.
see here
How could we or any other country use gold or especially silver as standard? There simply isn't enough to cover all the money in circulation.
Edited by fearandloathing, : No reason given.

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This message is a reply to:
 Message 119 by Buzsaw, posted 05-18-2011 11:10 AM Buzsaw has replied

Replies to this message:
 Message 127 by Buzsaw, posted 05-18-2011 12:54 PM fearandloathing has not replied

  
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