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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: forceOfHabit who wrote (102869)4/28/2009 5:13:59 PM
From: benwood2 Recommendations  Read Replies (2) of 110194
 
I think any attempt to create 'pretend better gold' will be met with currency collapse and a thriving black market.

It's no different that having somebody point a gun at you and saying, "I'll give you MY special, sacred $10 bill, and you give me YOUR pagan $100 bill. They are equal in value, according to my gun."

After you walk away, another guy points a gun at you and says, "I'll give you MY special, sacred $1 bill, and you give me YOUR pagan $10 bill. They are equal in value, according to my gun."

After you walk away, another guy points a gun at you and says, "I'll give you MY special, sacred PENNY, and you give me YOUR pagan $1 bill. They are equal in value, according to my gun."

You throw your worthless penny in the drink, and get busted and imprisoned for how you treated your Sacred Money.
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