AgTalk Home
AgTalk Home
Search Forums | Classifieds (87) | Skins | Language
You are logged in as a guest. ( logon | register )

End of the Road: How Money Became Worthless
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
Posted 9/11/2021 10:38 (#9214435 - in reply to #9214387)
Subject: RE: End of the Road: How Money Became Worthless

History does repeat itself.
To me, fiat and physical will prove out to be circular. You state that currencies real value is the ability to allow an economy to be productive. Governments have a proven track record of messing with fiat currencies to the point where money is non-functional. The US seems to be headed down that path.

Physical forces accountability. When government intervention in free markets reaches a tipping point to where there is a loss of confidence, fiat loses the ability for an economy to be functional.

I see this as a long term circulatory process.

As always, time will be telling.
Top of the page Bottom of the page

Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)