Quote:
Originally Posted by Tokenconservative
I still have not gotten a satisfactory answer to what the title of this thread refers to.
Satv is saying the dollar has been "crashing" since Jekle Island....so, does that mean it will bottom out next week, next year...in 40 years? 100? 250?
I'd like a bit of head's up.
Tokie
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Can not predict the exact time. But you can take a look at projected wages and projected inflation. It take roughly 18 more years of the current Governmental handling of our monetary policy for a complete collapse. Variations for the better or worse would prolong or speed up that process.
You can snark all you like about gold and silver notes. The truth is the Federal Reserve backed Silver Certificates up till the late 60s, and Silver is still legal tender.
And I have no intentions of farming land. I intend on building a house in a secluded wooded area to live out my life away from the city. On property, that I can hopefully attain an allodial title on.
The later being the hardest part to do.
But I can not get a serious criticism of Gold and Silver Standards from you. There is enough Silver and Gold in the hands of the United States Government to back all of our money. The only problems the Federal Reserve had with it, is they did not regulate the value of Silver and Gold so people where trading in silver notes for coins and melting the coins down into bullion bars.
If you want to growl at me about this start a new thread about commodity backed money.
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