Quote from Ricter:
Nice predictions. I have one, too: We'll be here in four years and we'll be fine, probably better than today (barring environmental catastrophes).
The paper never was worth anything, it's a symbol. Hard money isn't worth anything, either, same reason. Goods and services are priced in "worthless" dollars, fortunately we're paid in the same.Quote from Maverick74:
No, we'll be better off on paper. The problem is that paper won't be worth anything. You live in the nominal world. I live in the real world.