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In Uncertain Times, only Idiots buy USD$
- Thread starter woolsworth
- Start date
- Joined
- Aug 29, 2008
- Messages
- 1,470
- Points
- 48
What you say does make sense on the INVERSE COLLATERAL PART.
IF (USD GOING TO HYPER-INFLATE);
THEN (BUY UP AS MUCH USA PROPERTIES, T-BILLS, ASSETS);
USING FIAT MONEY TO BUY REAL ASSETS, that's a more logical way.
Besides, if all of you think about it, MONEY is truly just an idea.
Right now, surprisingly, the PROPERTIES PRICING OF USA is dropping... more and more people defaulting, jobless rate is about 16% today, and about 34 Million people living on food stamps.
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