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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 458.00

+1.4%

Jan 23 4:00 PM EST

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To: dan6 who wrote (94154)	9/1/2012 2:54:57 AM
From: Maurice Winn	1 Recommendation Read Replies (1) of 219763

What a load of palaver. Money is a promise to pay. Broken promises or promises not worth the money they are printed on are not worth having. So, people will not accept pre-broken promises. There is nothing at all wrong with economic growth. The reason for economic growth is that people want their lives to be better. They find ways to improve their lives by solving problems and creating things that didn't previously exist. That article is driven by the idea that deadbeats should be able to borrow money from other people and not bother paying it back, leaving the creditors out of luck. People will simply abandon the US$ as a monetary method. Mqurice

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