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gregpark gregpark is online now
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Join Date: Dec 2016
Location: Napa
Posts: 2,374
Gold and silver are the only real money and have been for thousands of years. Every currency on the planet is counterfeit money because it's no longer based on anything tangible. I know it's hard for people to wrap their heads around this because the USD has been "real" money our whole adult lives. Before 1971 currencies were based on gold (and silver) and now we just create more dollars out of thin air to solve our problems (such as debt accrued). It's an unsustainable system...even according to both the head of the treasury and the Fed chairman. We're at the end of the fiat road, trust in the USD is evaporating rapidly around the world. Our US bonds are no longer desirable and our system relies on those loans. 100% of fiat currencies throughout history have eventually failed. Why would you think we're the exception?
Old 10-17-2025, 11:30 AM
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