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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (64345)6/22/2010 6:42:45 PM
From: TobagoJack1 Recommendation  Read Replies (1) | Respond to of 217808
 
the fiat credit currencies become sort of 'fixed' when credit expansion is stopped cold by income limit which would be capped by pegged exchange rates etc

after that, any more fiat generation results in hyper inflation until stopped, and that would happen only when 54 tril of unfunded debt is diluted down to almost nothing and blown away

leaving very few standing

the fundamental bad of argentina is that all savings are wiped clean post reset and then people get back under way, because the society at large did not require debt to make do

other nations may be different, actually requiring a ponzi fraud fiat convolution to make do and get going, else full system stop

europe, near the end of the current episode, has germany as speed limiter to reign in fiscal excess and hyper tendencies

one n.american nation does not have speed limiter

let us watch n brief

do not forget to gather more gold, for it is good