Views:
1,688
Published:
12 years ago
Re: The Adonis: Why won't people accept paper cash in a crash?
Money is meant to be a symbol for value, or accumulated wealth.
When one dilutes the symbol by inflating the currency, the value gets diluted.
The Romans tried this with gold and silver coins. They clipped the gold coins.
They were found out.
They tried melted them down made them and making them out of a cheaper metal, then covering them in gold ..or silver...until they where found out.
Each attempt at paper currency has failed. There have been four such fiat currency attempts in modern history.
The value of the "money" has been diluted again and again to nothing.
With an electronic printing press such as which the FED is using now, there is no limit the amount of "money" they can generate out of thin air.
Gold and silver on the other hand can not diluted. There is only x amount of gold and silver in the world.
It always retains its value ESPECIALLY in time of crisis. Such as now.
This is happening before your eyes.
When the FED recently created 1.4 trillion dollars out of thin, it dilutes all currency out there. This is how they intend getting out of the debt they have created. This is being passed onto your children and their children in turn.
Unless something breaks.