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originally posted by: eitea
a reply to: Joeshiloh
Yeah, I agree with that vision also. Maybe some complex form of AI will take over the financial system in the future, that will collect all the information on global economy and decide the printing/deleting of money by that so it will keep stable value without intervention of human corruption. We'll see
originally posted by: Joeshiloh
a reply to: Blue Shift
What do we have now, the potential for one, bring some stabilization to it with hard assets.
originally posted by: eitea
a reply to: Blue Shift
Actually diamonds outside of jewelry have intrinsic value, meaning that they can be used for their material strength to solve certain production problems that have strong fundamentals in the economy. Same thing as gold, even if it's value is highly speculative, it still has it's place in electronics. With enough of these small aspects taken into account will give the most realistic picture of the overall intrinsic value, outside of speculative value.
originally posted by: Blue Shift
originally posted by: Joeshiloh
a reply to: eitea
I think Trump will do every thing he can to prop it up. So I don't see it as bad as 2009.
I think this will be Trump's legacy. Disease and economic collapse. The irony is that it won't be a result of anything he did or didn't do. Nothing that the Democrats or anyone else can blame him for. He was just in the wrong place at the wrong time.