To: muir_redwoods
The reality is that very few people did obey the FDR decree. Which is why a confiscation of any physical asset is unlikely. The reality is that high inflation and the resulting effective confiscation of everybody’s savings is the smart way to go for the feds. No need to have armed confrontations with gold bugs. Or raids on farmers. Or nationalization of oil. Just quietly remove the paper wealth until nothing is left. When they are done, the average waitress will be able to pay off the national debt on one day's tips. This is how it has been done in the past and the way it will be done in the future. It won't matter if you are a millionaire or billionaire, your savings will be effectively zeroed out. The entire Weimar meltdown experience happened in 3 months after 10 years of political wrangling. What will you do in the last 3 months to save yourself?
28 posted on
11/24/2012 3:24:06 PM PST by
zagger
To: zagger
Gold, silver and lead, for a start
29 posted on
11/24/2012 3:26:20 PM PST by
muir_redwoods
(Don't fire until you see the blue of their helmets)
To: zagger
What have you done, or what are you doing?
30 posted on
11/24/2012 3:42:52 PM PST by
tumblindice
(America's founding fathers: All armed conservatives.)
To: zagger
Weimar inflation, while it went especially nonsensical in 1923, it went went on for many years, in fits and starts, and at times even showed signs of leveling off or moderating before starting up again. It had the effect of people thinking that maybe the government had things under control. Lasted far longer than a few months.
It DID show up out of the blue e.g. “like lightning it struck... it was terrible..” As one man recounted.
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