When you can “borrow” or print money and pay nointerest, where is this going to lead us.
Clearly the savers are being smashed as there isno return on their cash.
The value of money is becoming worthless but weall strive for it.
We go to work, save, pay off our debts buy intosuper, metals, property and shares.
So that we can have cash when we need it.
But cash is becoming worthless, the world centralbanks appear to have colluded to create this situation, as it enables them tospend cash at will without repayment.
Will a time come when people refuse to work forworthless cash.
How is this going to end?
Today’s news
“US Treasury seeks to borrow a record $3 trillionthis quarter”
https://www.cnbc.com/2020/05/04/us-treasury-seeks-to-borrow-a-record-3-trillion-this-quarter.html
- Forums
- Economics
- Cash is being Smashed how will it End
Cash is being Smashed how will it End
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online