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If that's the plan, it would really be the end of USD. I don't...

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23skidoo

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21/10/14

16:29

Post #: 14157640
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Originally posted by Daytr ↑

You haven't really thought this through have you?
So why not borrow cash & own gold? Same result right, accept gold will shoot up in value because of the chaos you describe & would be tradable around the world.
What the Germans did to try & fix the hyperinflation. They issued a new currency, linked to gold.

Not to poke complete holes in your robust theory, however some debts were reinstated soon after the issuance of the new currency.

Maybe that's what America's plan is. Get in as much debt as possible, as it will result in hyper inflation, followed by a collapse of the fiat system & all debts will be written off & they can thumb their noses at China who are left holding trillions of dead ducks. IO suppose at least the Chinese eat dead ducks... Its all part of the grand plan! LOL

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If that's the plan, it would really be the end of USD. I don't think they want to crash and burn that spectacularly.
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