SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (28430)3/11/2005 3:26:36 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 110194
 
Just sell yer fillings, they'll be worth MILLIONS!<G>



To: benwood who wrote (28430)3/11/2005 3:38:57 PM
From: copper000  Respond to of 110194
 
Thats exactly what I'm thinking.



To: benwood who wrote (28430)3/11/2005 7:48:18 PM
From: LLCF  Read Replies (2) | Respond to of 110194
 
<It doesn't matter how worthless the dollar becomes -- unless I get my hands on MORE then it won't be any easier to repay my debt with my also-worth-less paycheck.>

The point is the US is in debt up to our eyeballs via the US Treasury... it's simply 2 Trillion in Notes and bonds come due and the Fed gives them 2 Trillion $US. DEBT GONE!

Point 2 is your personal debt... if you have a 30 year fixed rate loan and the dollar becomes worthless, SO IS YOUR DEBT. WORTHLESS! A BUMB could get ahold of Marks in Germany in the 20's! It's EASY to get ahold of worthless currencies {or anything else worthless} believe me... that's what worthless means. Wallpaper.

DAK