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FIAT money - could it really happen/ has it happened?
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<p>[QUOTE="19Lyds, post: 2374294, member: 15929"]I look at it this way,</p><p><br /></p><p>1st, if any bodies opinion on these forums really mattered regarding our current monetary system and where we're going, I think they'd be working in the market and not necessarily chatting on a coin forum.</p><p><br /></p><p>2nd, regardless of what anybody thinks or feels, the federal government dictates the value of your maney. Whether its gold and silver or 10's and 20's.</p><p><br /></p><p>3rd, unless you've actually got "millions" in the bank or tied up in some obscure investment, you'll be in the same boat as me "if" the US Government and the World decides to devaluate the US Dollar.</p><p><br /></p><p>What it really boils down to is mindless speculation over what is and what some other think it "might be".</p><p><br /></p><p>Calling the final score of the game after its already been played is a bit meaningless and pining over the fact that the US Dollar is not backed by gold or silver is kind of pointless.</p><p><br /></p><p>ALL that silver some folks have "invested" in would become actual face value should some move be made toward backing US Money with Silver. Those days are long gone and it'sreally pointless in speculating about them.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2374294, member: 15929"]I look at it this way, 1st, if any bodies opinion on these forums really mattered regarding our current monetary system and where we're going, I think they'd be working in the market and not necessarily chatting on a coin forum. 2nd, regardless of what anybody thinks or feels, the federal government dictates the value of your maney. Whether its gold and silver or 10's and 20's. 3rd, unless you've actually got "millions" in the bank or tied up in some obscure investment, you'll be in the same boat as me "if" the US Government and the World decides to devaluate the US Dollar. What it really boils down to is mindless speculation over what is and what some other think it "might be". Calling the final score of the game after its already been played is a bit meaningless and pining over the fact that the US Dollar is not backed by gold or silver is kind of pointless. ALL that silver some folks have "invested" in would become actual face value should some move be made toward backing US Money with Silver. Those days are long gone and it'sreally pointless in speculating about them.[/QUOTE]
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