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<p>[QUOTE="desertgem, post: 1570399, member: 15199"]Doug, the hyperinflation in Zimbabwe was not due to factors which one could truthfully say are in play in the US. It was due to insurgents within the country, Falsification of financials at all levels, mobilization of a huge ( proportionally ) army with high wages to insure loyalty, Land reforms to take land and businesses from successful people and give it to those who had no training nor incentive to produce internal resources. Due to the military and the lack of resources, people lost confidence in their own money ( it was internal ). Anyone attempting to use gold or silver would have a throng of people following them home to "tax" them the full value.</p><p><br /></p><p>The other examples may follow more your logic, but the last sentence above would still be true. PM are nice if you never have to use them. I don't care how many guns or bullets one has, there are people in power who would have more. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1570399, member: 15199"]Doug, the hyperinflation in Zimbabwe was not due to factors which one could truthfully say are in play in the US. It was due to insurgents within the country, Falsification of financials at all levels, mobilization of a huge ( proportionally ) army with high wages to insure loyalty, Land reforms to take land and businesses from successful people and give it to those who had no training nor incentive to produce internal resources. Due to the military and the lack of resources, people lost confidence in their own money ( it was internal ). Anyone attempting to use gold or silver would have a throng of people following them home to "tax" them the full value. The other examples may follow more your logic, but the last sentence above would still be true. PM are nice if you never have to use them. I don't care how many guns or bullets one has, there are people in power who would have more. IMO. Jim[/QUOTE]
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