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Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!

 
Saddletramp
We Don't Rent Pigs...

User ID: 739427
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12/07/2012 01:36 PM

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Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!
Think the Dollar will survive as a fiat currency forever?!?!? Well history shows the economic/debt cycle is near the end/reboot stage, and this is typically when fiat currencies fail...

Will the dollar follow these 599 other fiat paper currencies into oblivion?!?!?

[link to goldsilverworlds.com]

seal
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Saddletramp (OP)
We Don't Rent Pigs...

User ID: 739427
United States
12/07/2012 02:00 PM

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Re: Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!
Money not worth the paper its printed on...

How many of you believe totally in the "Full faith and credit" of the United States Government today?!?!?
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Saddletramp (OP)
We Don't Rent Pigs...

User ID: 739427
United States
12/07/2012 02:44 PM

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Re: Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!
Also, for those of you who want to give me the "Reserve Currency" argument of why the Dollar will never fail...

The Dollar (Federal Reserve Note) is quickly losing reserve status around the world, and Reserve currencies have bought the farm before...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Saddletramp (OP)
We Don't Rent Pigs...

User ID: 739427
United States
12/07/2012 03:19 PM

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Re: Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!
No takers on a dollar collapse debate...

Fuck it! Then I declare victory!!!

rockon
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
User ID: 29284832
United Kingdom
12/07/2012 03:29 PM
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Re: Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!
fiat currency is not money
smokahontas

User ID: 23237790
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12/07/2012 03:32 PM
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Re: Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!
If the U.S. paid its debt today there would not be a single dollar in circulation!
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
smokahontas

User ID: 23237790
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12/07/2012 03:33 PM
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Re: Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!
We borrow 46 cents of every dollar spent and we print the rest. We will go off the cliff, we will raise the debt ceiling, We will have austerity. Thats the plan. Devalue the worth of the dollar and the debt owed to other countries decreases as well. They have to collapse the economy and to boot they are meglomaniacs, and have no problem with Facism.
 Quoting: smokahontas

"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
smokahontas

User ID: 23237790
United States
12/07/2012 03:34 PM
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Re: Fiat/Paper Money Systems Always Return To An Intrinsic Value Of ZERO!?!?!
According to the Harvard Research Project 1948:

" When the subject citizens are rendered unable to control their finacial affairs, they, of course become totally enslaved, a source of cheap labor.
The general rule is that there is profit in confusion; the more confusion the more profit. Therefore, the best approach is to create problems and then offer solutions."

You people have got to understand this has been going on for a long time,,, has nothing to do with who is in the white house. Look up Edward Bernays, Operation Mockingbird, the Reese Committee. Educate yourselves!
 Quoting: smokahontas

"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley

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