Your dollars are just Monopoly money - Truckers' Trucking Forum

Baack · **^ Top** #1 10.12.2009

Quote:

This week's column is going to be a little different, as I'd like to discuss human nature and the paper we call money from a slightly different perspective.

was recently thinking about what has transpired in this country in the past decade: first the equity bubble, then the real estate/credit bubble and the steady debasement of the dollar (where a trickle of trouble threatens to turn into a flood).

I have been struck by how few people seem to understand how all these events are related -- in that, at the root, they each have the irresponsible printing of money as the cause. (The sociological and psychological phenomena that go with that -- e.g., the regulators not doing their job -- are just part of the process.)
Each problem led to the next, and one year ago the financial system was bailed out at the risk of the country ultimately enduring a funding crisis.
One fact that strikes me is how few people seem to have been able to protect themselves from the first two (even though they were so obvious) and how so few will be able to save themselves from this third, huge problem.

http://articles.moneycentral.msn.com...oly-money.aspx

Air Breeze · **^ Top** #2 10.12.2009

I have heard that the real plan is to eliminate currency and everyone will be
issued some type of government credit card.That way it will be easier for the
IRS to collect taxes and keep track of what people spend their money on.If
you dont have the card you cant buy or sell anything.

Working Class Patriot · **^ Top** #3 10.12.2009

Quote:

Your dollars are just Monopoly money

Well I suppose I can pay them with this then.....

Mooney · **^ Top** #4 10.12.2009

At the time of publication, Bill Fleckenstein owned gold bullion and gold futures.

Imagine that??

I own gold, I publish article saying gold is going higher, wow, whodathunkit?

Thread Tools
Show Printable Version Email this Page
Display Modes	Rate This Thread
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode	Rate This Thread:

Similar Threads
Thread	Thread Starter	Trucker Forum	Replies	Last Post
Saving money on the road	joshmck1982	Experienced Truckers' Advice	14	01.24.2009 08.35 AM
Beware of fake recruiters,scamming students out of cash money	Viking84	Questions From New Drivers	3	12.28.2008 09.02 PM
GM Will Use Bailout Money to Help Brazil’s Economy	Mooney	Politics	0	12.11.2008 01.50 PM
Where's the money going?	Acer12	Politics	20	08.17.2008 01.16 PM
Dollars tough to sell	Cybergal	News - NON Trucking News	0	03.18.2008 04.22 PM

Truckers' Trucking Forum/Message Board - The Premiere Truck Driver Forum

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)