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<blockquote data-quote="BK9954" data-source="post: 1430713" data-attributes="member: 23651"><p>Your not reading and understanding what I am saying. Never said the dollar is worthless now. Its actually doing better then it ever should. In 2008 when the housing market crashed, they printed trillions of dollars out of thin air. Do you think this will not catch up with us. One reason is because of our status as the "reserve currency". When this is over it will balance the books. You cant just print money and have no effect on the value of existing currency. With the debt climbing, the ONLY possible and feasible way to pay it back is to print our way out of it. When this happens, who pays for it. You, me, and anyone that deals in dollars. Our dollars are worth "less" when this happens. The internantional community will be affected as well. Dont believe me. Good for you, name calling, makes you feel good huh? Little chicken I am not. I am a man who takes life by the nuts, works his @$$ off, prepares for his destiny and prepares for whatever may come. Its foolish to look at history and see the rise and fall of empires, what causes it, what causes a financial crisis, look at the cycles of economics, and NOT think it will happen again. To prepare yourself for this is a wise thing. My $900 an ounce gold is not too bad right now. Cant wait to see where the price goes in 30 years.</p></blockquote><p></p>
[QUOTE="BK9954, post: 1430713, member: 23651"] Your not reading and understanding what I am saying. Never said the dollar is worthless now. Its actually doing better then it ever should. In 2008 when the housing market crashed, they printed trillions of dollars out of thin air. Do you think this will not catch up with us. One reason is because of our status as the "reserve currency". When this is over it will balance the books. You cant just print money and have no effect on the value of existing currency. With the debt climbing, the ONLY possible and feasible way to pay it back is to print our way out of it. When this happens, who pays for it. You, me, and anyone that deals in dollars. Our dollars are worth "less" when this happens. The internantional community will be affected as well. Dont believe me. Good for you, name calling, makes you feel good huh? Little chicken I am not. I am a man who takes life by the nuts, works his @$$ off, prepares for his destiny and prepares for whatever may come. Its foolish to look at history and see the rise and fall of empires, what causes it, what causes a financial crisis, look at the cycles of economics, and NOT think it will happen again. To prepare yourself for this is a wise thing. My $900 an ounce gold is not too bad right now. Cant wait to see where the price goes in 30 years. [/QUOTE]
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