Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Well here goes nothing.....
>
Reply to Thread
Message:
<p>[QUOTE="doug444, post: 1576996, member: 38849"]<p style="text-align: left"><span style="color: #000000"> "...It is the simple fact that having shiny metal in the time which you are all so afraid of will not save you from financial ruin."</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">So, umm, in those times of upheaval (yet to come), what WILL function as money? Tell us. A little barter might work, sporadically, in rural areas, but for corporate commerce and the entire retail sector, WHAT?</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Do you think big corporations will accept old dollars for trainloads of goods?</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">From the upheaval, a few people will emerge with vastly more wealth (in terms of purchasing power, regardless of its form) -- a lot of people will end up with greatly-reduced wealth; and now, they are all the more fragile for having already lost a quarter of their net worth in the housing crisis. What will be the mode of payment be for, say, food-sellers? Like the fishmongers' axiom, sell it or smell it...</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1576996, member: 38849"][LEFT][COLOR=#000000] "...It is the simple fact that having shiny metal in the time which you are all so afraid of will not save you from financial ruin." So, umm, in those times of upheaval (yet to come), what WILL function as money? Tell us. A little barter might work, sporadically, in rural areas, but for corporate commerce and the entire retail sector, WHAT? Do you think big corporations will accept old dollars for trainloads of goods? From the upheaval, a few people will emerge with vastly more wealth (in terms of purchasing power, regardless of its form) -- a lot of people will end up with greatly-reduced wealth; and now, they are all the more fragile for having already lost a quarter of their net worth in the housing crisis. What will be the mode of payment be for, say, food-sellers? Like the fishmongers' axiom, sell it or smell it... [/COLOR][/LEFT][/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Well here goes nothing.....
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...