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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: RJA_ who wrote (27225)1/3/2008 6:44:02 AM
From: TobagoJack  Read Replies (1) of 217891
 
dunno

the fact that the money paid back is worth more than the money lent out will be accounted for by interest rate, no different than now when one can borrows thai baht or swiss franc at very low interest rate due to expectation of eventual global purchasing power rise of same money

the fact that money is intrinsically valuable and more valuable would discipline the investment process and reduce waste

the fact that the world improved throughout history, much of it under a metal standard, says progress can and was made

the math is different, but life goes on, people be more sovereign, and govt less powerful, altogether not a bad mix
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