Message:

<p>[QUOTE=&quot;NorthKorea, post: 1762176, member: 29643&quot;]Affordable healthcare doesn&#039;t mean affordable hospital stays or critical care. It literally means affordable healthcare. Not once did I mention insurance nor critical or long-term care (which are the largest reasons for bankruptcy associated with healthcare). If you recall history, barbers used to be surgeons. That seems really insane by today&#039;s standards, but it made a lot of sense under a system that wasn&#039;t allowed to grow beyond the limits of the amount of gold currently above the ground.</p><p>&nbsp;</p><p>Debt existed prior to the advent of fiat currency. Debt is one of the oldest institutions of finance. If you mean unsecured long-term debt or consumer debt, it&#039;s not accurate to blame that on fiat currency, either. Prior to the existence of Visa, MC, Discover, AMEX, Diner&#039;s Club, JCB, etc, consumer credit plans existed. Jewelers would sell rings on credit installments even while we were under the gold standard. Yes, one can argue that debt wouldn&#039;t be as prevalent if we were on the gold standard, but that would simply reflect the fact that abolishing of the gold standard allowed for growth of the middle class and the things previously posted.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in