Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: kevslisababy
"O.K. then; so what does this mean? Should I go out today and spend all my dollars real quick to get rid of them?"

Defaults on a grand scaled equate to debt deflation. With the velocity of money at historic lows.

Buy and hold cash, in the bank and under your mattress.

28 posted on 01/30/2011 7:50:22 AM PST by Mariner (USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Mariner

“...Buy and hold cash, in the bank and under your mattress...”

You’re onto something...I agree


42 posted on 01/30/2011 7:58:30 AM PST by Former MSM Viewer
[ Post Reply | Private Reply | To 28 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson