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Author Topic: It's the end of the world!  (Read 637 times)

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Offline Matthew

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It's the end of the world!
« on: September 21, 2008, 10:16:55 PM »
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    Offline gladius_veritatis

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    It's the end of the world!
    « Reply #1 on: September 23, 2008, 12:18:16 AM »
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  • Eliminating Medicare and SS will NOT prevent hyperinflation, etc.  The zero hour approaches - God and His holy mother Mary be with you all.
    "Fear God, and keep His commandments: for this is all man."


    Offline Matthew

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    It's the end of the world!
    « Reply #2 on: September 23, 2008, 08:49:03 AM »
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  • The sobering fact is that you, your friends, your professors, and those with maximum education are unable to point to EVEN ONE case where fiat currency didn't end in hyperinflation.

    It's a sad fact that debt-based fiat currency (which we have -- it's not backed by gold or anything) will ALWAYS meet a tragic end in hyperinflation.
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    Offline Classiccom

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    It's the end of the world!
    « Reply #3 on: September 24, 2008, 05:14:21 PM »
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  • Offline trent13

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    It's the end of the world!
    « Reply #4 on: September 24, 2008, 06:50:33 PM »
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  • Quote
    It's a sad fact that debt-based fiat currency (which we have -- it's not backed by gold or anything) will ALWAYS meet a tragic end in hyperinflation


    You are saying that the dollar is more or less worthless on a real scale, correct?  

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    The prices of precious metals were hammered down as a consequence, so much so that now there exists a divide between physical metal prices and the artificial "paper metal" prices.


    so if our money isn't really worth anything (and apparently will come to be worth even less) if one did want to invest in gold, is it even a possibility anymore, taking the above into account?