Finally, a currency derryb can appreciate
cohodk
Posts: 19,188 ✭✭✭✭✭
Excuses are tools of the ignorant
Knowledge is the enemy of fear
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cohodk
Posts: 19,188 ✭✭✭✭✭
Comments
Nothing like having the "Fox in the Chicken coop."
equal to a barrel of oil? Too volatile for a currency. Would work much better if it was backed by sound economic policy.
Same with gold. The only way a gold backed currency remains stable is to fix the price of gold. No fun for the stacker.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Would never support a government that has a problem feeding its people. I can’t in good conscious buy this no matter how much the return.
Best place to buy !
Bronze Associate member
No way would I buy these petro dollars.... a socialist dictatorship?? The top dogs will line their pockets and the people will continue to starve....Cheers, RickO
49 million Americans struggle to put food on the table.
Less than half of the $250 million a day spent on war for the last 16 years would have put a big fat chicken in every American pot three times a day.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
"A New Currency!" Oh boy, it's like the wild west, broken bank days for the 21st century, everyone and his brother is coming out with A New Currency!
And that they keep getting discussed on the GOLD forum is not without irony.
Liberty: Parent of Science & Industry
I assume you don’t make any purchases from the US Mint then.
I understand all of your points but we don’t have people eating the trees or mud. I’m sure you all understand the difference.
Best place to buy !
Bronze Associate member
"government that has a problem feeding its people"
Government role is not to feed "it's people". socialist much?
Loves me some shiny!
@Baley please enter me in your generous 20k post count giveaway. I hope to win me some of those new Baley bucks!
Agree. But if it is going to waste multimillions a day isn't it much better to waste it on Americans in need?
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
No....it's better to get rid of the expense....no matter what it's wasted on. Waste is waste.
Knowledge is the enemy of fear
The role of government is to feed off it’s people.
Baley .......................20,000 posts????? Toga! Toga! Toga!
I knew it would happen.
I trusted them and other places down there before and I'm a little shy now. It may be worth riding the bubble if there is one, as long as you get off in time.