"on about?"
printing is the only strategy they have, albeit the wrong one.
a bet on any currency, except maybe the renimbi, would be unwise, or maybe the rupee.
yes, all fiats are doomed, in as much as, default is inevitable, and once it arrives, all currencies will be re aligned and defined. god help you, if you still own the old one being replaced. which is to say, when each will represent some x-grams of gold to stabilize values on the way to a workable standard............. until of course in years following, they repeat again, what they are doing now, and have repeated since the time of diocletian.
are you happy now? |
