Posted on 05/07/2010 3:07:51 PM PDT by blam
I too believe that.
and the NKJ Bible.
Should read: and the KJ Bible.
A very astute observation.
There’s a difference between “I’m bored, let’s riot” vs. “nine meals from anarchy” riots.
You are so right - and don't realize it amid your sarcasm.
Cash? Have very little at any time, and that only because it's convenient for simple transactions for which I have the cash a very short time. The value is plummeting, so when obtained I trade it for something of value ASAP.
Cash used to be something you'd keep under the mattress - and I mean really keep a fat wad of it under the mattress, or in the safe, or in the sock drawer. It may not increase in value, but you were sure you had it and had easy access to it. It was real money.
Now, with QEx underway and the value of the dollar plummeting, the value of that cash is evaporating. Sure, it's not all gone now, but it's less "money" and more "counterfeit" - that dollar under the mattress which used to be worth a gallon of gas is now worth a quart of gas (ditto 75% drop against any other inherent stable value commodity).
You're right: if it's [insert variant of "no value" here], then why would anybody want it? Exactly. We DON'T want it. We have an economy where the best thing you can do with cash when you get it is spend it as fast as possible, before its imputed value decreases any further.
Your sarcasm is spot-on true. Generally speaking, nobody hoards cash any more. The value of cash is evaporating, leaving a "fractional counterfeit" behind. Send you my cash? Ya know, frankly, if I don't that's because doing so costs more than it's worth: registered delivery + packaging + gas + travel time + queue time > what's in my pocket now.
As Japan awaited wholesale assault on its homeland, citizens acquired gold - tangible asset, not mere paper. After devastation was wrought, those with gold went out in confidence to buy the bread they needed to survive. None had bread to sell; those who did either traded it for vast amounts of inedible gold, or did not trade it at all.
Those pieces of paper are a token of honor...
you correctly observe...gold may not buy that loaf of bread you need to feed your child either...
but the barter and exchange of “things” of honor and skill...
those things will ...
Actually - if you have a few minutes go on youtube and look at the 1992 L.A. riots
I believe we are facing that.
I think what we are looking at in the near future is a civil war of epic proportions and not just here in the U.S.
“For those who are going to jump in and talk about how right Ron Paul is:
Please email me so I can provide you with my mailing address. I will happily take your “fake money” off your hands.”
LOL
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