We have bigger problems than IRAs. The average lifetime of a fiat money system is 50 years. Nixon took us off the gold standard in 1971 and we are overdue for a financial system collapse. This can happen in two ways. Russia defaulted on their government bonds and creditors got nothing for their investment. Russia suffered with no credit for years but recovered with little debt today. The Weimar Republic printed money to pay off their debt. It took a wheelbarrow of cash to buy a loaf of bread. The currency was cancelled and a new currency established. What would be your choice for the US dollar?
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