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Skol

33,126 Posts.

1403

25/03/21

15:45

Post #: 52040398
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Originally posted by stelios: ↑

"It will never be repaid and it doesn't matter."______ "Certainly not gold because it can't be used for electronic transactions."
Sounds like Skols garbage.
If you do not pay debt you are at risk of foreclosure.
As for trading in physical gold , silver (for hundreds of years) and electronically what is the problem?

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No one will be foreclosing on the USA. Your local bank manager might evict some recidivist bankrupts, but the USA has never, ever not payed its dues. US Treasury notes are AA+.

Last edited by Skol: 25/03/21
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