fiat article

Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.

fiat article

Postby John_doe » Thu Jun 07, 2012 10:46 pm

Ancora Imparo

"You can't control the wind, but you can adjust your sails."

-Albert Einstein
User avatar
John_doe
Post Hoarder
 
Posts: 2502
Joined: Sat Apr 02, 2011 10:38 pm

Re: fiat article

Postby shinnosuke » Fri Jun 08, 2012 8:49 am

John_doe wrote:http://money.msn.com/investment-advice/tear-up-your-paper-money-jubak.aspx


Pretty good article for mainstream media. It's good to pay attention to history as he does on the first page.
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them... (Thomas Jefferson)
User avatar
shinnosuke
Super Post Hoarder
 
Posts: 3593
Joined: Mon Feb 14, 2011 7:10 pm
Location: Texas

Re: fiat article

Postby creshka46 » Fri Jun 08, 2012 10:38 am

"Quite frankly, you no more want to know how a modern paper currency is made than you want to know what goes into a cheap hot dog."

Haha, that's awesome! :lol:
Pennies: $4200 - (0) indians - (5)steel - (1) George V Canadian
Nickels: $6500 - (62)war - (23)buf - (1)V nic - (4) key date jeff's
Dimes: $5000 - (24)roos - (2)merc - (2)AgCAN
Halves: $8000 - (7)'64 - (33)40% - (1)walker
User avatar
creshka46
Penny Hoarding Member
 
Posts: 724
Joined: Wed Jun 01, 2011 6:19 pm
Location: Spokane, WA

Re: fiat article

Postby John_doe » Fri Jun 08, 2012 7:46 pm

The execs at the charmin factory will be disappointed to read this.
Ancora Imparo

"You can't control the wind, but you can adjust your sails."

-Albert Einstein
User avatar
John_doe
Post Hoarder
 
Posts: 2502
Joined: Sat Apr 02, 2011 10:38 pm

Re: fiat article

Postby mongo » Sat Jun 09, 2012 10:36 am

We are so far away from real money and having anything backed by true resources its not even funny but actually downright criminal. From firing up the printing presses all the way to helicopter Ben saying that gold isnt real money any more. Really?
mongo
Penny Sorter Member
 
Posts: 82
Joined: Thu Sep 22, 2011 10:34 pm


Return to Economic & Business News, Reports, and Predictions

Who is online

Users browsing this forum: No registered users and 75 guests