On Gold, Silver, and hyperinflation


	On Gold, Silver, and hyperinflation

strider72

12-1-2008 2:20 PM

231 views

tags:

gold, silver, currency, inflation, hypperinflation, economy

strider72 says:

I might have to try this sometime....

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/131b56a8-1f56-443b-9e63-ca5193f9cae2/C06D707E-1A00-4186-B381-BC9F8C47C012/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.vinsuprynowicz.com/?p=133" href="http://www.vinsuprynowicz.com/?p=133" style="font-size: 11px;">www.vinsuprynowicz.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vinsuprynowicz.com/?p=133">John writes in, from  somewhere in e-mail land:</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vinsuprynowicz.com/?p=133"><P>“Please tell us how we would actually use gold and silver in a time of hyperinflation. Would we take a gold coin to a dealer who would then exchange it for a stack of Federal Reserve Notes that we would then take to the grocery store? Or will clerks who don’t know how to calculate change today be expected to take our barter on changing price of gold? How does such an economy work on a day-to-day basis?”</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vinsuprynowicz.com/?p=133"><P>Hi, John — I will suggest a way to start “acclimatizing” folks to this reality.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vinsuprynowicz.com/?p=133"><P>Next time you have a yard sale, post a sign that says “Price tags valued in current Federal Reserve Greenbacks. Pay 1/10th the price if you give us pre-1965 silver coin.”</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.vinsuprynowicz.com/?p=133"><P>Hey, we gotta start the “Great Re-awakening” somewhere.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/C06D707E-1A00-4186-B381-BC9F8C47C012/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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