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To: expat_panama

Let every country keep its own fiat currency. As long as no fiat currency has reserve status, no country can afford to run a printing press.

When the dollar devalues by 80% sometime this year, the world will learn a useful lesson about the limits of fiat. They will continue to use it: they may however learn not to abuse it. And people who own Gold and Silver will get to buy some serious real-estate.


5 posted on 03/15/2011 6:06:12 AM PDT by agere_contra (Whenever a Liberal admits to something: he is covering up something far worse)
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To: agere_contra
When the dollar devalues by 80% sometime this year, .....people who own Gold and Silver will get to buy some serious real-estate.

Because gold is a real asset and real estate isn't?

7 posted on 03/15/2011 6:11:31 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: agere_contra
When the dollar devalues by 80% sometime this year...

Devalues with respect to what, the Euro?

12 posted on 03/15/2011 6:24:54 AM PDT by expat_panama
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To: agere_contra

80%!


93 posted on 05/14/2013 6:19:45 PM PDT by Sawdring
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