RE: If paper money was banned & silver & gold came back, what would happen?
February 26, 2015 at 9:04 pm
(This post was last modified: February 26, 2015 at 9:10 pm by H2O.)
(February 25, 2015 at 8:37 pm)rexbeccarox Wrote: I would buy you less obnoxious typeface.
I write in huge bold typeface because there isn't much content. It also fills a lot of space. I apologize if that bothers you, but blank space bothers me.
(February 25, 2015 at 8:39 pm)Minimalist Wrote: Then the motherfuckers will all the silver and gold would be fine and you would be fucked.
For a time but then my value would skyrocket when my highly skilled rare services would come into greater demand.
(February 25, 2015 at 8:51 pm)Cato Wrote: What the fuck is this 'if' shit? Old news. The value is controlled by the banks, not the utility or inherent value of the metal.
http://dealbook.nytimes.com/2014/05/05/b...gold/?_r=0
Just in case a report from 2013 doesn't do it for you:
http://etfdailynews.com/2015/02/24/ten-b...d-rigging/
What would happen? The concentration of wealth would become even more imbalanced. You neglected to opine. Certainly you don't think that precious metal currency is more fair and equitable do you?
In a world of self-reliance, true gold and silver coin would be a far more critical commodity. In a world of computers and credit and pretend money, anyone can be the dominant man, even quasimodo.
(February 25, 2015 at 8:54 pm)Minimalist Wrote: He's probably a Ron Paul fan.
I am going to pretend I didn't read that.
(February 25, 2015 at 9:03 pm)Parkers Tan Wrote: My pockets would have bigger holes.
Why do you think they invented superglue?
(February 25, 2015 at 9:11 pm)Chas Wrote: Men's purses would return to fashion.
They already have. But hey, when were they ever in fashion in the first place?