SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robin Plunder who wrote (14669)11/18/2008 11:01:55 PM
From: Real Man  Read Replies (3) of 71456
 
Hyperinflation can ravage a country for decades, and
turn a (formally) prosperous nation into a pile of rubble
like Zimbabwe, where people can't even afford to eat a
day on a monthly pay check, which, by the way, completely
evaporates by the end of the day (devalued by 50% or so).
The monetary collapse like this can last every day for a
decade or longer. The economy disintegrates into barter
economy. Trade ceases to exist. It happened in Yugoslavia.
The price to pay for nurturing fictitious financial economy.
You may be working, but might as well quit going, cause
you are paid 0. Speculation becomes the most profitable
profession.

Was Doug Noland talking about a stable currency as
THE key to recovery? So am I. This chart does NOT reflect
that.

research.stlouisfed.org
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News