Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (27112)	12/30/2007 11:42:44 PM
From: KyrosL	Read Replies (2) \| Respond to of 217734

The biggest argument against monetary collapse is globalization. The very process that you see around you in China is what makes monetary collapse a very unlikely event, at least in the foreseeable future. Globalization brings about unprecedented productivity increases throughout the world. My guess is that we have two or three more decades of rapid productivity increases to go. As long as there is rapid productivity increase, there is little incentive for the officialdom to devalue the currency more than their usual low single digit percentage per year.