At least we would have a Black President! One must always look on the bright side.
And my urban relatives want to know why I own gold silver and lead.
Sounds like many Lib cities today ...
Prices would change on a daily basis. They would double. The number of families that would be employed would be in the minority . . . there would be lawlessness.
Representatives of the Democratic [sic] party would dance in the streets.
Not buying this.
The federal deficit dropped by 350 billion this year to 650 billion from over 1 trillion.
As well the trade deficit is shrinking because the USA is fracking its way to oil independence at the rate of 1 million barrels a day annually for the last three years. Estimates are that this increase will continue for at least the next 5 years.
The dollar has been trending up for the last three years. If the fed stopped printing money — the dollar would vault to the moon.
Nobody but nobody is going to be dumping dollars as a reserve currency. Not when capital flows are turning back in favor of the USA.
“One measure of wheat for a penny...”