Quote:
Originally Posted by ila
I am continually amazed at how far into debt the US is going (they aren't the only country either). I am also amazed that the solution seems to be to keep printing more money. Eventually the US dollar will be worth nothing. Unfortunately the money traders of the world have yet to wake up to this fact. I keep reading in newspapers the currency fluctuations are due to money traders fleeing for the safe haven of the US dollar. Gives one food for thought.
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That's why i'm holding onto my gold & silver. but the dollar won't be worth nothing, there is no other currency that can replace it. Of course that won't prevent quite the mess if we keep on down this spend into oblivion and then print money causing further dilution of our currency.
We haven't quite gotten to the level that Germany was in when you needed a wheelbarrow full of marks to buy a loaf of bread, and if you waited until the next day, you needed TWO wheelbarrows of marks!