Rush just mentioned a Rasmussen poll that 53% felt we are headed to a ‘30’s style depression.. God help I hope not.
I remember my grandparents telling how a dime was a lot of money.
Rush just mentioned a Rasmussen poll that 53% felt we are headed to a 30s style depression.. God help I hope not.
I remember my grandparents telling how a dime was a lot of money.<<<
I am glad you are feeling better.
I also am hearing that people are afraid of a big depression and some are cutting back on what they are spending.
My son finally cut back on several things, including the tv channels, as the word is out that there will be more layoffs and he is afraid, for even tho he has been there 7 or 8 years, all the new hires have already gone.
During the 30’s depression, Grandpa Ira [a friend] told me that during the depression there was no money, in the small Oklahoma town he lived in, none.
He said they survived the best that they could, and that when the local sawmill finally got a small order and could hire a few men to work, he had no money, so he paid them in script and the local stores agreed to accept it, and when he got paid real money for the lumber, he bought back the money he had printed up to pay them with.
That will not work today, against the laws and too many crooks would simply copy and make their own money.
It took me years to understand, that there really was no money in circulation. I have read that the Gov quit printing it and it simply did not exist.
That is why many of the survival writers suggest taking some of your money out of the bank now, before they close and you cannot get it out.