They will mock and dismiss Sen. Paul. Then, one day someone will drag this out to show how right he was, while we’re cooking up our zoo animals.
Don’t worry, everything will be fine, we just need to add a Zero to sll Currency Denominations
Its no accident that as this $1.9 trillion borrow and print monstosity becomes likely, the price of gold has begun to rise steeply.
The Dems can only dream, (this is what many of them hope for)
Berniezuela
If Rand has to ask, Rand is wilfully clueless. More BS!
Not exactly, Rand, the US Supreme Court did that.
China replaced communism with Social Democracy while keeping the totalitarian state of the CCP.
Six.
Trillion.
Dollars.
Insanity!!!!
The Venezuelan, or any government, can cut your buying power by half by printing all the paper money it wants, but it cannot tell you that your one ounce gold or silver coin now weighs only one half ounce.
That's why governments don't like precious metals - they lose control of whatever wealth you possess.
Poster #7 is correct. The chart below reminds me of the early stages of Germany's inflation in the 1920s:
The drunks are in control of the liquor store. Supermarket prices will accelerate and follow a similar path.
In the meantime . . . "it cannot tell you that your one ounce gold or silver coin now weighs only one half ounce".
Yep. If I were Rand I'd flee the country while my money was still worth something.
Si, senor.
US borrowing puts country on path to become Venezuela
When you reach the point of not being able to pay the debts the repo man shows up guess who he is.
This latest borrowing (”COVID Relief”), is because we are already on the path to becoming Venezuela.
Leftists are in charge, and plundering the Treasury.