View Single Post
  #40  
Old 03-11-2012, 10:00 PM
buffa98's Avatar
buffa98 buffa98 is offline
Registered User
 
Join Date: Apr 2009
Location: Amish Country, PA
Posts: 296
Quote:
Originally Posted by Jim B. View Post
With the billions and billions of rising mere INTEREST on the national debt, not to mention the principal and all the wasted money on wars and huge uncesaary and utterly wasteful government spending, the end can be prolonged by the Government printing more money, but it has not been backeded by Gold anymore for years and years;

Pretty soon as the goverment prints MORE and more dollars, eventually their value will go down, first abroad when other nations refuse to accept it as preferred currency.

When they Americans themselves finally "get it" and lose faith in its value, then the end will come fairly quickly.

there will be bank runs, at first not bad because stocks of cash can be propped up by daily merchant receipts. But that won't take long to see it happen that they get swamped.

Then people will start storming Walmart and buy anything they CAN just to get RID of increasing worthless dollars.

THINGS not cash is what they will want. Clothes, batteries, canned food anything that is tangile and can be used consumed or bartered.
~~~

Currency will be PRECIOUS METALS. Gold will go to $5500 an ounce.

A MacDonalds hamburger WILL COST $50- $100 in US dollars. ANd rise to $300 in weeks or even days from that price in USD.

the gasoline will go sky high and the trucks will no longer be able to bring goods.

Food will be scarce. So will waater. The power grids will go down.

Riots and Looting will start.

Anarchy will prevail ...



As personally distasteful as Iwill find it the FIRST thing I will buy is WEAPONS.

I am thinking AR15's, M4s, M1A's, AR10's, L1a1S, AND HKs.

And ammunition.


"Weapons compound man'soweer to achieve. they amplify the caabilities of both the good man and the bad, and to e4xactly the same degree, having no will of their own. thus we must regard them as servants, not masters ---and good seervants to good men. Without them, man is diminished, and his opportunities to fulfill his destiny are kessened. An unarmed an can only flee fro e3fvi, and evil is not overdcome by fleeing from it."


Remember what happened wi6th the Continental currency in 1796; and the German mark in 1923.

"Wir versaufen unser Oma ihr klein Hauschen,Ihr klein Hauschen, irh klien Hauschen.
Wir versaufen unser Oma ihr klein Hauscfhen,
Und die erste und die zweite Hypothek!"

~~~Popular drinking song in the Weimar Republic of Gernany in 1922m referring to the runaway infkation of the period.

Loosely translated: "We are drinking up our granny' little house; Her little house, her little house. We are drinking up our grannhy's little house, and the first and second mortgage!"










I know what I will probably have to get Proficient in distance shooting too.


A HUGE Charlie Foxtrot is on the near horizon.
I am kind of glad I have that ruger number 1 with a 6-18 on top of it chamber in 300 win mag. Butter than at&t to reach out and "touch" someone with.
__________________
86 300SDL. 250,xxx on #14 Head. One eye always on temp gauge.. Cruising towards 300K
Reply With Quote