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<p>[QUOTE=&quot;GDJMSP, post: 1332589, member: 112&quot;]Like I said, and you are saying the same thing - it&#039;s confidence. We got the downgrade because people&#039;s confidence in the American dollar has been eroded, lessened.</p><p><br /></p><p>And all confidence is, is an idea. It is what we think the likelihood of something happening will be.</p><p><br /></p><p>Money is and always has been a very simple concept. It is so simple that a whole lot of people don&#039;t understand it or refuse to accept that it can be that simple. But it is. That&#039;s why it doesn&#039;t matter what form money is in. For the only thing necessary for anything to be money is the people&#039;s confidence that tomorrow that same item (form of money) will be accepted at the same value.</p><p><br /></p><p>Once that confidence is eroded, the value (purchasing power) of that money drops. Provide a reason for that confidence to increase, and the value (purchasing power) of that money will increase.[/QUOTE]</p><p><br /></p>

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