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 : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Lhn5 who wrote (55896)6/27/2006 11:02:44 AM
From: Claude Cormier  Respond to of 312358
 
- If you have way more bread than you can eat before it rots...its not bread...its money, lol.

Only if some people has something that is not rotten to buy the bread from you.. i.e. gold. LOL

-Yet another fiat currency always seems to pop up in place of the old one. I haven't studied these situations well enough, but when a currency really collapses, is it just under its own weight, or is it really caused by political and social revolution and a vulnerable currency is taken down with the rest?

There are so many variations and no general rules I think. The last one on record was Argentina where the peso lost major ground. Although it was a collapse, the peso is still alive for now. That was in 1998 and gold moved from some 300 pesos to 1200 pesos.