Quote:
Originally Posted by jimjamuser
The American dollar is the most used currency in the world and has stability right up there with Switzerland and Sweden. It is just the OPPOSITE of mass insanity and a Ponzi scheme. If we had NOT gotten away from the PROGRESSIVE tax brackets of the 1950s, we would have ZERO national debt, which as a percentage of GNP is not even that bad.
........The "true value" of the US dollar is the world's faith in the US economy, number 1 in the world.
.........Printing "more and more" dollars is a conspiracy theory that sounds meaningful, but is NOT.
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In your mind, perhaps. The truth is the dollar is worthless in that it is like Monopoly money. More can be printed anytime and at the end of the day it’s a paper sheet which has no actual value. It’s being devalued as we post. I’d take land, gold or silver over it any day.