Posted 11/29/2012 02:20 (#2722774 - in reply to #2721218) Subject: Re: This is why we will print
I would say that most of the posters here really seem to "get it".
Problem is that the majority of the electorate couldn't be more oblivious to the TRUTH!
A majority of the people in "power" are corrupt.
I saw a "timeline" comparison of the German Wiemar vs the US to where we are at. We have duplicated and met everything that Germany did up to the time of their runaway inflation, EXCEPT, for 1 thing. Our debt has not been "called in" by our debtors as of yet. Germany's financial collapse came very quickly when it started. Hard to see that ours could be more then 10 yrs. away. I think that the only thing that keeps our debtors from asking US from repaying our loans is that if we collapse the whole worlds finances collapses with US;A.
The fact that we can print our own $$ seems to delay the whole process.
I have some large capital investments that I would like to make in my farm, but, is it wise?? Depends on how long we have before it all goes "down". If within 4 yrs, NO, but 8+ yrs, yes.