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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Real Man who wrote (88375)11/4/2007 10:10:23 PM
From: Proud Deplorable  Read Replies (1) of 110194
 
"There is a limit to currency debasement, even though this
seems unlikely at the moment."

No, ALL currency goes to ZERO. Show me one in mans history that hasn't. If you want a current version take a look at Germany ....."After Germany's defeat the currency stayed valid initially. However, the allied forces also introduce new notes and coins, which did not carry the symbols of the nazi regime. The money could not buy a lot. Goods and foodstuff were not available due to the damages of the war. Money therefore became worthless. After the war a new currency evolved: cigarettes. On the black market cigarettes could buy everything."



Sooooo is there a difference between fascist Germany in the '20s to '40s and one unnamed fascist regime.......enough said you get the point. Some argue that the intrinsic value of the USD is currently ZERO, hallelujah.
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