tag:blogger.com,1999:blog-22301740.post6405390919424325729..comments2024-03-26T09:49:07.212-07:00Comments on The Scratching Post: A Tiny ObservationK T Cathttp://www.blogger.com/profile/10259428595745509790noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-22301740.post-6837746537952995132012-09-25T18:31:53.645-07:002012-09-25T18:31:53.645-07:00time to start hoarding gold.
or get ready for a...time to start hoarding gold. <br /><br />or get ready for a more barter based economy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22301740.post-35060875847575964702012-09-25T18:29:27.029-07:002012-09-25T18:29:27.029-07:00Yes, it tells us that we are devaluing the dollar....Yes, it tells us that we are devaluing the dollar. That means that inflation is just around the corner. That will lead to higher interest rates which because it raises the cost of servicing the debt, will drive printing even more money. Go back to step 1. Those who do not understand history are doomed to repeat it (see Weimar Republic).Ohioan@Hearthttps://www.blogger.com/profile/08650494620853971183noreply@blogger.com