One could say this has already happened, it's just that people haven't realized that the the dollar is going down the drain. Take a look at the value of the dollar in the last 100 years:
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One could say this has already happened, it's just that people haven't realized that the the dollar is going down the drain. Take a look at the value of the dollar in the last 100 years:
I have been telling this to people who say that bitcoin doesn't have an intrinsic value. Once we got off the gold standard it has been down hill for the dollar and it seems that is it by design. To count to 1 trillion takes over 31,000 years and we are 20 trillion in debt. No amount of budget cutting is going to help us pay that back. To who is another story but the world debt is in the 100's of trillions!!!
Yes agree 100%
Also sad that the whole generations are being told that "debt is good" "to live on credit cards is ok".
its was government mistake currency get lower and lower
muy interesante