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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (58168)1/31/2012 10:50:42 AM
From: Follies  Read Replies (1) | Respond to of 119360
 
It's a race to the bottom. We have fractional reserve banking where the fraction is going to zero. Who gets to zero first? Euro or $. Once the sheeple wake up and the riots start, the new elites will blame the old elites (remember it's all Bushes) and then they will come up with a new currency based on the Yuan and gold. Of course it will be fractional gold, how can we possibly have an economy where the elites cannot create money out of thin air?

Read Paper Money Collapse The Folly of Elastic Money...