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#1
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The Dollar Bubble
I know everybody prefers to brush it off as nothing, buuh. It's so easy, right.
http://www.youtube.com/watch?v=eZA0qNsf4m0
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#2
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so, we're going to buy a loaf of bread with a wheel barrow full of money, like weimar germany?
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"The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread." |
#3
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It's not going to happen, there are too many countries holding too many dollars to let that type of inflation go unchecked.
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#4
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How do you know what's gonna happen?
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#5
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Today's people haven't been there. The common perception is the US can't make such a plunge, too big to fail. Yet, it could get much worse then that.
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#6
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Because I understand basic economics, and because I don't panic everytime some crazy claims the sky is falling. If you believe otherwise, you should take steps to get out of dollars.
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#7
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Quote:
What gets me though is that peeps like you who claim to understand "basic economics" (which is really nomore than that) and continue to be so blindly naive as they are to call everybody else, no matter their expertise, "crazy". I think you haven't got a clue. For as long as it keeps floating you're fine, once it bursts, you gonna look like this >>> If you understood anything at all, you wouldn't respond like you do. Point in case.
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#8
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OK, we'll just have to wait and see what happens. Personally, I'm more concerned about my low ROI at the moment (potential deflation, or at least stagnation) than some future potential inflation. You don't need to worry about me, I'll be just fine. Hopefully, folks like this won't mislead too many people.
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#9
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Quote:
Here's the 'Master Culprit' speaking, a few years back: http://www.youtube.com/watch?v=NZHGtbGJ16c&feature=player_embedded
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#10
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Good luck.
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#11
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You have nothing to extend such a thing.
I recommend you reset your fundamentals. If you said 'You don't understand basic economics, but you like to believe ...' I could have given you credit. Keep on dreaming.
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#12
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As I said, good luck; you should act on whatever you believe, and I will do the same.
He who dies with the most toys wins. |
#13
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#14
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With all due respect to Mr. Jefferson, you might want to look into his personal financial history before taking his advice.
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#15
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"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Thomas Jefferson, (Attributed) 3rd president of US (1743 - 1826)
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