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Author Topic: Money  (Read 7761 times)

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AGelbert

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Re: Money
« Reply #375 on: June 19, 2018, 05:54:15 pm »
I wouldn't get too excited. Volatility is not a crash.

If we crash, we crash, but I'd be very surprised if this little game of musical chairs is anywhere close to over. We're not even at the beginning of the really interesting part.

If the dollar IS toast, persons like yourself, living on a fixed income, will suffer more than anyone. I don't really want that to happen, because I don't want you to suffer. It'll happen soon enough, no matter what.


Who's excited? If you want to call a chain of events that haven't happened in 4 years "volatility", that's fine with me. I don't own any stocks. The markets are just an exercisie in observation for me.  8)

I understand the negative implications for me of the loss of the Dollar's world reserve currency status. I have made that clear in my posts.

Eddie, I am quite serious in telling you that, going further into poverty due to the US losing reserve currency status, is something I totally accept as the cost of a principled stand. I really do believe that the destruction of our ability to visit murder and mayhem on other countries is worth that cost. Don't you? ???
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

 

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