Message:

<p>[QUOTE=&quot;Rono, post: 832751, member: 6492&quot;]Howdy,</p><p>&nbsp;</p><p>I&#039;ve read that it&#039;s lost 96% of its value since 1913 and the Federal Reserve was created.&nbsp; However, it&#039;s still an eyeopening figure.</p><p>&nbsp;</p><p>I&#039;ve also read that in ancient rome you could be a goog toga and sandals for an ounce of gold, in the 1920&#039;s, you could be a good suit of clothes - for an ounce of gold and at $1125 as I write, you can still buy a good suit of clothes for an ounce of gold.</p><p>&nbsp;</p><p>By personal experience, I could go to the store in 1959 and buy a loaf of bread for a quarter.&nbsp; That same quarter is worth about $3.50 today in silver content alone . . . and would buy me a loaf of bread.</p><p>&nbsp;</p><p>Now are you ready to puke?&nbsp; The official debt is ~$13T but the unfunded liabilities are pushing $70 Trillion.&nbsp; This includes social security, medicare-aid, the various trust funds and service on the debt.&nbsp; There is no combination of tax increases and benefit reductions that can cover this tab so the only viable option is to monetize it.&nbsp; This means simply printing dollars until it&#039;s brought down to a manageable level. In order to do this, it&#039;s been estimated they will have to halve the value of the dollar over the next 12 years.&nbsp; </p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/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