Bitcoin Forum

Economy => Economics => Topic started by: Severian on September 15, 2012, 03:13:00 PM



Title: Get Ready For An Epic Fiat Currency Avalanche
Post by: Severian on September 15, 2012, 03:13:00 PM
Quote
Get Ready For An Epic Fiat Currency Avalanche (http://www.alt-market.com/articles/1034-get-ready-for-an-epic-fiat-currency-avalanche)

...Whether you believe the Treasury’s statistics or not, the bottom line is that at the very least our national debt has increased by 60% in only four years time!  Now, the private Federal Reserve wants to introduce unlimited stimulus, on top of Operation Twist, and the incredible money burning habits of our current government?  Are Keynesians really foolish enough to think that the generation of such massive liabilities will somehow undo the crippling effects of already debilitating debt?  Answer:  Yes.


Title: Re: Get Ready For An Epic Fiat Currency Avalanche
Post by: knight22 on September 16, 2012, 02:56:31 AM
How sad...  thank God we have bitcoin!


Title: Re: Get Ready For An Epic Fiat Currency Avalanche
Post by: Jermainé on September 16, 2012, 11:43:04 AM
How sad...  thank God we have bitcoin!

+1

We steady climbing up the mountain into new territory...Bitcoin  hit 12.5 early this morning  8)