RE: The USD is like a fence that keeps debt-slaves inside a labor camp: It "must" not collapse

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The USD is like a fence that keeps debt-slaves inside a labor camp: It "must" not collapse

in dollar •  8 years ago 

when it's already been devalued to damn near nothing?

Trust me, it's not that bad. You'll realize it's bad when you see asset prices multiply (think Venezuela)... As for what will take to take it to the next level, increased use of alternative national currencies in global commodity markets (including but not limited to oil) might do the trick.

dollar
8 years ago by

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      ·  8 years ago 

    Asset prices don't have to multiply for me to realize it's bad now. This is Rome, and it is burning.

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        ·  8 years ago (edited)

      Nero was fiddling and Obama is a golfing.

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