T.H.I.E.F. — The Heinous Idiocy of Entertaining Fiat
Could it be any more obvious? If it is possible for Central Banks to just print willy-nilly and slap on any number they choose, and thus steal value from those who hold their notes, that, they will!
Apparently i should be fucking rich right now — but in reality. i am not
This bill is only 10 years old, and on the face of it i should be able to buy many, many Lambos, and Mansions to park them in!
But alas, i cannot. And why? Because the only thing backing this rather astonishing note is an anonymous promise from a faceless institution that, quite obviously, desires to extort money out of me. I am so grateful i do not live in Zimbabwe...
So wtf? How did they do it? Well, they just changed around some monetary laws which is their prerogative to do so, called the old money invalid, pulled a few levers and spun a few stories out and presto-chango! The Culprits on one end of the trade steal all the value, and the mom & pop on the other end inherit all the liability.
This tragic opera has, sadly, been a hit all around the world for centuries. How many more times is it going to play out before people wake up and smell their own asses being burnt?
Who’s money are you saving? Your own, or some thievin’ bastard’s IOU?
Think about it... And quit being a fool!
Cheers! from @thedamus
🤓🤑🤓🤑🍆🤑🤓🤑🤓
I am going to buy me an elephant with my Zimbabwe bucks. If he is a friend then fine. Otherwise I eat him. I spend wisely.
APMEX has this, 2008 Zimbabwe 100 Trillion Dollars Bill Waterfall Buffalo Unc, on sale, for $105, $45 off.
I paid $50 cad a year ago. I had wanted one for some time.
That is pure gold my friend. Might have to use that myself.
(Truth) Bombs away buddy! 💥💥💥💣💥💥💥
I have 10% of my money in gold&silver, 40% in crypto and 50% in FIAT. I'm buying more gold & crypto every day!
Sounds like you’re getting smarter everyday too!
😜👍👍
In history, values of any fiats have been decreaseded to zero.
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Well said. I too would put some of my assets in metals now if I had much assets to preserve that is.....
These days us working people have more or less all debt and no assets...
A great big stack of silver starts with a single ounce! And imo buying now will have a slingshot effect. Almost anyone can afford an ounce of silver time to time. Good luck in 2019 👊🤩
Indeed, and well said. At the moment I am building assets by hodling in crypto every paycheck. It is cheap at the present, and easier to buy and sell w/o goverment taxing you.
I do plan to move into precious after the next crypto bubble though..when I hopefully have multiplied my assets
Smart... i just bought a little over 1 DASH 30 mins ago — i do look fwd to stacking up more shiny though 🤘🤩
I Love this Post @thedamus and I Remember Buying those Zimbabwe Notes back in 2008 for like $4.00 a Piece. I should have bought Truck Loads of Them because now they sell for __________ on APMEX
https://www.apmex.com/product/51560/2008-zimbabwe-100-trillion-dollars-waterfall-buffalo-unc
I paid $50 cad for it when i was ballin’ last year
😁👍
...deffo worth every penny for the reminder 👍
What?!! I got mine for free, cause the coin shop couldn't sell them, no one wanted them! I guess I shoulda taken all of them!
All fiat currency is going to be worthless. Just ask pocket change......🤣😂🤣😂
He’s buying it all up like a mofo! 🤣
Sigh my sire, South Africa is heading along the same garden path but I tell me compatriots it is not a South African thing but a global thing your most magical blog is a testament to that.
Be blessed my sire
Yours Always
Pricasso
Greetings from the West Coast of Canada. Be safe most exquisite artist! S. Africa looks kinda scary of late...
I bought an old $50 million dollar Zimbabwe bill at a coin show about 5 years ago! It’s a great conversation maker!
I wanna’ frame above and put in my bathroom!
🤣🤣🤣👍
I have been seeing those Zimbabwean trillion dollar bill quite a bit lately!! I'm pretty sure i got a few as a joke like a decade ago, I should look for them.
I Really like the Egyptian logo coin, the details are exquisite.
It’s gorgeous!
😁🤩😁
work of art all around! How would I go about finding one or did you just find it at random?
It’s from the “egyptian gods” series... there’s a couple others that are pretty sweet too!
😜👍👍
This post has received a 21.01 % upvote from @boomerang.
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