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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Don Earl who wrote (14730)	11/20/2008 9:22:22 AM
From: shag007	Read Replies (1) \| Respond to of 71463

Re: "Try out a hypothetical situation." Oh, you mean Utopia, your right that doesn't exist. Re: "No. Those are little more than visible symptoms of a system that has been suffering from endemic corruption for a very long time." And their solution is to keep messing with the system. To inflate the last balloon before the final pillage! Why not let the wealth be destroyed (I think destroyed qualifies here because it was created out of thin air) and try as hard as possible to save the value of what so many have worked so hard for and not borrowed? In debets post; Message 25189017 You disagreed with; "It effectively steals moneys from the people with savings and hands it over to the people in debt" Then you told me that inflation steals your savings and went into your anecdotal evidence of the Utopia that existed for a little while. IMHO, your mixing this idea that you have with reality. First, I can't think of any time in the last 100 years where we were not being fleeced, granted, they recently figured out a way to step it up. Remember there could be a very long lag time between the time they are fleecing you and when the symptoms occur. Second, if you put away a months worth of living expenses at the bank and that bank lends out forty months of your monthly expenses backed by your one month then they are stealing your money and handing it over to people in debt. On the topic of the perfect society, and I know this one may ruffle some feathers but it's how I feel at the moment; Re: "They say the only store of value the government will ever be allowed to recognize as money is silver and gold." I've thought about that a lot and I haven't been able to convince myself that would be the best solution. Better than we have now, sure, maybe. But I don't see how that can work. A society can create true value perpetually. How would you account for that with a static material, albeit abundant?