princey37,
A couple of problems I have with the USofA.
One .............. it is Governed by a Rogue State Mentality
and
Two................ old habits die hard. That is to say that 10 x or 20 x re-hypothecation and at the same time pretending to be backed by a Commodity close to 1:1 are just not going to work. It's either one or the other............... and we already know that Re-hypothecation ends in Inflation and a next to worthless currency
The Banking System will have to dramatically change if Commodities are going to be the backing of a Sovereign Currency or World Reserve Currency.
- Forums
- Breaking News
- Welcome To The Crack-up Boom - Does Bitcoin Now Compete with the US$
Welcome To The Crack-up Boom - Does Bitcoin Now Compete with the US$, page-27
-
- There are more pages in this discussion • 31 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
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online