The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (57930)	2/25/2016 2:50:17 PM
From: maceng2	Read Replies (1) of 71425

"Imagine what's coming here, though -- digital US currency, which you must keep in the bank where they can steal it as a 'bail in' and they also tax it every month. One simple could not design a better system for stamping out all savings, eh?" If you have a fair sum salted away with our current financial system, in USD's for example, I can understand a reluctance to change. I would spin the view on its head. Imagine we had a different monetary system in place, say all our financial transactions was based on the value of existing duck and goose down feathers. One could imagine various problems had arisen and governments and financial experts were looking for a new financial system to put in its place. Somebody proposed a new system... the one we have today. What would you say to that? But what if you had amassed a fortune in the finest quality goose and duck down duvets, had several warehouses pack full of the things, plus a substantial ownership in large goose and duck farms ?? I cant see how transitioning to a digital currency, a world wide one, would be such a bad thing. You would need world wide agreement amongst crooks and despots to dinker with it. (maybe?) Just thinking out aloud. -g-.

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