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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: prometheus1976 who wrote (70957)1/5/2009 1:22:52 AM
From: Maurice Winn1 Recommendation  Respond to of 74559
 
Financial relativity theory says that given the umpty trillions of current fiat currencies, they are not worth as much as they were, which is the current situation. Also, they will be worth less as politicians around the world get worked up into a lather saving the world with freshly pixelated promises. <there's too much paper and digital currency for it to act as real money. >

In decades to come, as the human population starts dropping they will be worth less.

But as measured by the continuous real-time voting by billions of people, that paper and digital currency is in balance with supply and demand. It does act as real money and is continuing to do so.

That is not a guarantee of future performance. But for today, it was fine.

Mqurice