Best way to buy gold - Page 3 - PeachParts Mercedes-Benz Forum

amosfella · #1 07-12-2009, 10:49 PM

theres an old story about a lady in germany after the war. SHe had a wheelbarrow full of marks and she went in to a store to buy a loaf of bread and left her money outsside while she negotiated a price. when she came back somebody stole the wheelbarrow and left all the money. the wheelbarrow was more valuable than money

Grandpa told that story about Russia when the money was worthless after the commies took the joint over.....

Have a read of this book.... http://www.conspiracyoftherich.com

amosfella · #2 07-13-2009, 12:52 AM

Yes, but do you see deflation happening?? All I see is them printing money by the truckload....
It actually is that simple.... Buy gold and precious stones..... and not certificates.... The real deal...

732002 · #3 07-13-2009, 08:25 AM

Quote:

Originally Posted by amosfella

Yes, but do you see deflation happening?? All I see is them printing money by the truckload....
It actually is that simple.... Buy gold and precious stones..... and not certificates.... The real deal...

You are correct printing money is inflationary, not economic collapse.
During the 30's they made the mistake of staying on the gold standard
and not expanding the money supply.

I have seen deflation: oil, housing...........Sure in the future it is likely that we
overshoot with the money supply and get inflation. At that time we will have the
option of decreasing supply and slowing the economy in order to control inflation.

amosfella · #4 07-13-2009, 12:00 PM

paper money is heading towards it true value..... Nothing.... Zero.... Nada.... They won't quit printing money... The system is built to protect the wealth of the uber rich, not to help the middle and lower class.
It's built so that the rich take no risk and the poor take all the risk....