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| Authored by: Anonymous on Tuesday, March 05 2013 @ 06:39 PM EST |
| He should have said distribution. [ Reply to This | Parent | # ]
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| Authored by: Anonymous on Tuesday, March 05 2013 @ 10:36 PM EST |
>Why, was the U.S. dollar expelled from the country?
Depending upon how much credence one gives to the current validity
of the Constitution of the United States, in the United States, no legal
tender has been coined since either 1934, or 1965.
So long as people have no objections to using fiat currency, things will
be fine. However, the instant that people feel that the fiat currency is
being distributed with bad faith, that fiat currency will no longer be
acceptable.
I don't know what that threshold is, but considering that there are
towns in the United States where Euros, Mexican Pesos, or Canadian
Dollars are the usual and normal currency, and one is charged a
"conversion fee" when using United States Dollars, I suspect that
faith in
the United States Dollar is coming close to that threshold.
I recently walked into a coffee bar (on land owned by one of the First
Nations) that priced their offerings in Copper Ounces.
I have walked into several coffee bars that priced their offerings in Silver
Ounces.
The anecdotal evidence suggests that the number of businesses that
are pricing their goods, or services, in terms of Gold Ounces, is growing
exponentially.
Those are all indicators that people are losing faith in the United States
Dollar, and that the threshold will be hit in the near future, but not real
soon now.[ Reply to This | Parent | # ]
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