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Welcome to the New World Order
Originally posted by Rren
Originally posted by bigfatfurrytexan
[...]
If you have your money in a bank you are a fool.
I've never understood that. Where should it be then?
You have a good point in that we would fall into a violence rules situation.
Originally posted by -PLB-
If the system collapses and the dollar becomes worthless, all bankers will loose their power in that same instance. I don't think they want that. We would fall back to the law of the jungle, where violence rules.
And I think gold will be worthless too. Maybe if you own some actual gold you can convince some people to accept it as payment. But I think trust will be so low you will have a hard time finding someone. People will rather trade in stuff they can use, such as food, clothes, tools etc.
If it really happens I don't think anyone will get better from it.
Wealth is all about luxury.
Originally posted by -PLB-
reply to post by butcherguy
Gold or other metals only have a "true" intrinsic value in a technologically developed society. The only other intrinsic value of gold is jewelry, an unnecessary luxury product that nobody cares about in situation you need to survive. In the past, gold was nothing more than a method to represent value. It is just as virtual as money is today. Money is just a bit more practical.
Originally posted by butcherguy
You are telling me that an easily worked, low melting point,non-tarnishing metal has NO value in a society that is not technologically developed??edit on 21-10-2010 by butcherguy because: (no reason given)
Originally posted by bigfatfurrytexan
I foresee a day when we will begin to trade in violence, not dollars.
I hate to think about it.
If you have your money in a bank you are a fool.
Originally posted by chiponbothshoulders
I saw the beginning of austerity measures coming to the U.S. on MSM news today.
They are telling people to live below their means right on TV.
Now they can say "I told you so...."
Of course too few heard,or will take heed.
I hate TV.