Monday, February 16, 2009

How to kill a currency.

How to kill a currency? Easy just take the money off any standard other than itself and the power of that government, minus the debts and ability to pay, then keep printing and borrowing more and more. See, very simple. In fact most won't even realize it until after the fact.

Seriously keep supporting bailouts and stimulus packages that create billions and even trilions of new money and debt, then watch the result. Sometimes I wonder if anyone is thinking anymore. If you have a surplus of something, anything even money, each item is worth less. The more you have available of anything the less valuable per unit it will become.

This is common sense folks not rocket science. So the next time you support one of these dollar killers, remember where its going.

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