Thanks for the reply. I get what you are saying from your example.
But isn’t there a point where you kind of get worried, like to carry your story out further, more time goes by and the guy says, “Now your stuff is only worth a six pack of Guinness.”
I mean isn’t that kind of what happens when a currency tanks internationally? Nobody wants to trade in it anymore because it isn’t worth anything. Rubles? Zimbabwe dollars?
I guess only if you care about what others think about what you have.
If someone from Zimbabwe came up and told me: “Hey! your daughter is ugly and stupid!” I really couldn’t care less. My daughter is smart and beautiful and nothing that Putin or Mugabe or Amandajihad will change that.
Nothing that bankers in Tehran or London or Beijing or Moscow might say will change the fact that the American economy is smarter and prettier than theirs.