Quote from sheda:
You would be destroyed, I would be destroyed, every one you know would be destroyed, and god knows what political monster would appear from such a golden opportunity. But a banker may send you a postcard from the tropics.
You mean, if the dollar collapses? Ya, you're exactly right. America will be destroyed.
That's why a Depression is far more preferable than the destruction of the currency.
Quote from sheda:
Not quite, as I said I find it highly amusing when someone takes such a complex issue and waters it down to "da bankers iz trying to hyper inflate to save their paper wealth" as if this is something that only impacts the paper net worth of bankers, its not like its an issue so big it impacts the means by which food is put on the table for your family.
But hey maybe you can over look all of that from that high chair of yours, you have read a few economics books and hold an inflated opinion of yourself, after all as you have said..how can any one not understand?
You really haven't contributed one paragraph of substance, other than 'you disagree, because you're a banker.finance guy'. America survived the Great Depression (and many prior). Or I guess you forgot about that? Did it ever occur to you how dumb it is to advocate risking a dollar collapse to stave off a Depression? I guess not.
Anyways, please enlighten us how stealing from the productive and shoveling it into fools errands, benefits the economy? Please, I'm all ears. This is your big chance to prove to us troglodytes how backward we really are..
