Eegore
Serious Thumper
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SuzukiSavage.com Rocks!
Posts: 7965
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For me, there are too many discrepancies in your source material to even jump into the end of the conversation.
There's a lot of missing or simply incorrect components, I don't want to spend the time breaking them down and providing more accurate references.
Typically I agree that with the loss of US reserve currency as primary there will be changes in the economy and foreign policy.
The advantages of fiat currency are changing. It's very well known that fiat currency allows a government to limit the impacts of an economic hardship, like 2008-2009 which is considered the worst in the past 75 years.
I've always wondered why people don't actually look at the value of gold, which historically is a pretty poor investment comparatively. But the marketing and historic value keep people buying and hoarding, even though anyone can see other investments do considerably better.
I imagine Bitcoin and other digital currency will be somewhat the same.
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