Realizing the Full Implications of the Forthcoming Catastrophe

Economic Prism ^ | 26 July 2019 | MN Gordon

[The Duke]

If cash is going to become worthless then wouldn’t it be better to buy gold and silver today and later use that to pay off the debt in more worthless dollars?

[Tilted Irish Kilt]

Duke : That would make sense, .. common sense.
Also, invest in yourself, by learning diversified skills
especially those that are out of your 'comfort zone' (thus your skills/ abilities are more diversified).

[Diana in Wisconsin]

“Pay off all debt and make sure you have everything you need.”

Done, and DONE! :)

[metmom]

If cash is going to become worthless then wouldn’t it be better to buy gold and silver today and later use that to pay off the debt in more worthless dollars?

Precious metals are going to be lead and brass.

I understand it's illegal to won gold anyways, aside from jewelry.

[Garth Tater]

"Though we've had a recent scare or two, they've kept it going longer than I thought possible. But they now control everything!"

Well, not quite everything, but they are continuing to make excellent progress in that direction. Our descent into debt slavery is being very well managed and at this late stage they are not going to allow an economic catastrophe to put their plan at risk. I'm putting my money on the notion that things will just keep on as always until almost no one is left that remembers, or cares, what life in a free and prosperous country was like.

[stig]

Are you really claiming that the hundreds of gigabucks (and rising) the federal government spends each year on debt service doesn’t matter?

yes!

The only reason they tax us is to control us. Taking half your money away doesn't let you get ahead very fast. Why save if half of your earnings get taken away?

If the economy does tank the borrowers aren't left holding the bag. The people who own the bond certificates get hurt. That's basically rich people and the Chinese government.

The farms don't go away, the trucks to ship the food don't go away, the water doesn't stop running. So stop worrying about the deficit and worry more about the borders. The invasion will kill this country faster than the deficit ever will.

[The Duke]

I understand it's illegal to won gold anyways, aside from jewelry.

I'll be sure to tell my local metals merchant! :O

[metmom]

Executive Order 6102

https://en.wikipedia.org/wiki/Executive_Order_6102

I did not realize that it had been rescinded.

I guess since owning gold was off the radar for my family, I never paid much attention to it.

[DCBryan1]

APMEX.com for your easy gold buying.

[litehaus]

“My county insists on collecting property tax.”

We NEVER do REALLY own , do we ?...Gotta pay the rent to the “Powers that be”..