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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 494.42+3.8%4:00 PM EST
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Fiscally Conservative
To: Fiscally Conservative who wrote (216049)8/19/2025 1:30:34 PM
From: David1 Recommendation   of 219848
 
I saw a commercial on CNBC with the phrase 'we are going to need more money' and thought of the book When Money Dies by Neil Fergusson. I received the pdf version from the internet and noticed the cover of the version is different than the cover of the version on my old computer.

A quote from the book. "Certainly, 1922 and 1923 brought catastrophe to the German, Austrian and Hungarian bourgeoisie, as well as hunger, disease, destitution and sometimes death to an even wider public." The book does look at these three countries during the time period though much less about other countries during this period with the gold standard.

I have told Tyler "You gotta eat" and "you gotta save" (this I learned from a poster here on Silicon Investor). When we were talking about the newer tariffs I said to him "they will be ok as long as they can sell their bonds".

When I first started investing in penny mining stocks as a more interesting way to save money without spending it, dad and I were talking about gold and something he said to me was something like "a single currency will only lead to war". While I was at Muriel Lake recently we were talking about the actions of the US government and something I said to Steve was something like "it is like they are hitting the gas pedal and brake at the same time".

I do not know anywhere near enough about the current monetary system to have an idea and say which points in the system are important to maintaining confidence and stability. I do have a 200 Mark coin around here somewhere from the episode in 1923 about the size and weight of a pop can tab. It has been a few years now in Canada since we stopped using a penny.
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