To: blam
I don’t understand, if the govt inflates the debt away won’t dollars be worth less? Seems to me silver would be even more valuable, why would it be worth less too? I really don’t understand.
4 posted on
04/23/2011 5:18:10 PM PDT by
pepperdog
(Why are Democrats Afraid of a Voter ID Law?)
To: pepperdog
This guy is trying to apply the lessons of the real estate bubble to the commodities bubble. But every bubble is different.
I believe speculation is playing a major role in the commodities run-up. But that speculation is in turn fueled by bad currency policies.
7 posted on
04/23/2011 5:22:38 PM PDT by
dirtboy
To: pepperdog
"I dont understand, if the govt inflates the debt away wont dollars be worth less? Seems to me silver would be even more valuable, why would it be worth less too? I really dont understand. " Yes...silver would be worth more.
10 posted on
04/23/2011 5:27:41 PM PDT by
blam
To: pepperdog
The “value” of an ounce of silver won’t change much, however the “price” will change dramatically with the fall of the dollar.
18 posted on
04/23/2011 5:42:59 PM PDT by
The Duke
To: pepperdog
The US already has said they will back a global monetary reserve currency that is NOT the US dollar.
This is also a way to destroy the middle class and much of the smaller rich and small business people. Hyperinflation will kill off a lot.
55 posted on
04/23/2011 9:46:48 PM PDT by
Secret Agent Man
(I'd like to tell you, but then I'd have to kill you.)
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