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 DickExpert Member
Posts: 5780
Joined: 21 Sep 2006
Location: Rialto, CA.
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 Posted: Fri Sep 19, 2008 12:06 pm |
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Chuck, That's for darn sure!
Dick
_________________
" Deja Moo: The feeling that you've heard this bull before".
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 fiddle-fartVeteran Member
Posts: 479
Joined: 27 Jul 2008
Location: Charlestown, Indiana
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| Posted: Fri Sep 19, 2008 1:21 pm |
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So what it sounds like to me is that the government has to devalue the dollar to make the USA more solvent in everyday matters.
Or come up with a new moneytary system to reflect such.
To me, we need to pay off our debts to other foriegn(?) countries so that we are not legally indebted to them, or they (other nations) could forgive our loans as we have to a many a nation.
_________________
Only 1% control the wealth
so that makes me a 99%
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 KurtSSenior Member
Posts: 875
Joined: 15 Feb 2008
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| Posted: Fri Sep 19, 2008 2:10 pm |
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| Quote: |
| We as a country don't have NEARLY enough metal to cover the cash that's outstanding. |
Agreed--and I don't think many countries have enough foundation to support the volumes of credit going on, hence the sticky problem we're in. Seems we'll need to completely change our attitude towards money if we're going to stabilize--or just find another scheme, lol. 
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