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To: Jonty30
to bring the whole thing down

Please define "the whole thing".

Paper money is inherently unstable. The novelty of treating debt as money with the additional feature of using the value of debt that will never be paid back as a bookable asset has made the underlying problem worse, but not fundamentally different.

Paper money systems end all the time. Ours will too.

Not if, but when.

However, when it dies, all of America's considerable assets will still be present.

So, what do you mean by "bring the whole thing down"?

41 posted on 03/23/2015 4:32:46 AM PDT by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise. .)
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To: Jim Noble

I simply mean that once debts start to be called in, there won’t be the money to pay back all the debt that has accumulated since the credit cycle started and everything gets reset in a very painful fashion.


48 posted on 03/23/2015 8:07:26 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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