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Birdog225 (November 30, 1999 at 12:00 am)
Anyone who invests in currency, such as savings accounts, 401K, and IRA institutional funds; is a full blown idiot! In particular; funds based on debt, like mortgage backed securities.Currency is not an investment if it is not tied to a commodity.Buy land, gold, and art. These items never loose! Oh, you say; housing values crashed! No, my common friend, a house is a house, the value of the dollar is rising and falling like a roller coaster, but a house is always a house.
wingzero890 (November 30, 1999 at 12:00 am)
Sheep- The government class I was taught on economics says you are wrong, so you must be wrongMe- *already transferred savings into gold long ago* lol, sheep
sirellyn (November 30, 1999 at 12:00 am)
It's definitely not the same guy. I've seen pictures of both. They are night and day.
dylpickleboy (November 30, 1999 at 12:00 am)
no u retard
BennyBlanco1986 (November 30, 1999 at 12:00 am)
oh really? Why don't you enlighten us.
r3dredwine (November 30, 1999 at 12:00 am)
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!Send To Congress Share With Everyone
dnorrish117 (November 30, 1999 at 12:00 am)
If you only knew economics
7Hook (November 30, 1999 at 12:00 am)
The Spain case is a great example of how inflation can destroy an economy. Back then it was huge inflation in the silver supply (which otherwise is nearly impossible to do), while today it is a inflation in the supply of fiat currency (which is incredibly easy to do, and one reason fiat sux).Shows that everyone knows inflation is extremely destructive.
7Hook (November 30, 1999 at 12:00 am)
That example is a case where the value of silver changed dramatically because large new supplies were found on a new continent. That was hundreds of years ago, the circumstances will not repeat, and silver is still a better form of money than fiat currency. And some people may only be able to afford to accumulate silver, and not gold.
ChelseaPrivateEquity (November 30, 1999 at 12:00 am)
Some of the comments are out of context of just false. Others are spot on.The comment about silver maintaining its value is an easy one to disprove. When Spain pulled a lot of silver out of the New World the value of silver dropped. They effectively flooded the market so value in terms of other goods and services dropped. Alternatively it could be said that the price measured in silver for goods and services rose dramatically.Gold is more stable than some. |
