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<p>[QUOTE=&quot;WLhalves, post: 608007, member: 17586&quot;]Wow weryon so from what I read in your posts, it is okay for the government to turn their printing machines on 24/7, but if Miss B buys a 400,000 dollar house or someone needs a rolex to boost their ego they are the bad guys or the problem with our economy?</p><p>As long as we are producing I.O.U.&#039;s all any of us are doing is trading debt the sad part is that it is a vicious circle that ends in hyper inflation. We have all heard stories from elders in one fashion or another about what a buck would buy when they were a kid, and for the most part it is a funny story. The truth of the matter is that same buck today won&#039;t buy as much because things are so expensive, but because the buck has lost its purchasing power.</p><p><br /></p><p>As a further experiment my challenge to you is this take 1 ounce of gold and 954.60 cents anywhere in the world convert both to that currency and see what gets you the most of that countries currency. (The dollar amount is based on our price of gold at time of this post.) I think then you might understand the importance of having money that is backed by more than a promise.[/QUOTE]</p><p><br /></p>

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