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#1 | |
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Avalon Senior Member
Join Date: Sep 2008
Location: Terre Haute, Indiana
Posts: 117
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Namaste' |
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#2 |
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Avalon Senior Member
Join Date: Sep 2008
Location: USA
Posts: 1,098
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#3 |
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Avalon Senior Member
Join Date: Sep 2008
Location: Terre Haute, Indiana
Posts: 117
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the PTB dump the market with paper gold which causes the price to go down. then the market starts to correct itself and then wham they do it again. if you knew exactly when and what the price will be you could buy and sell all day long and make mountains of money. thats exactly why the rich get richer and then theres the rest of us.
Namaste' |
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#4 |
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Avalon Senior Member
Join Date: Sep 2008
Location: Blackbutt, Queensland, Australia
Posts: 1,004
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I wonder if someone can answer this question. There are two people, we'll call them "A" and "B". "A" has $5,000 in the bank, but "B" has got a credit card debt of that same amount. Which of the two is in a better situation if the world's financial system goes belly up?
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#5 | |
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Avalon Senior Member
Join Date: Sep 2008
Location: Terre Haute, Indiana
Posts: 117
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Quote:
i still have not figured out how the whole debt thing will work out if the dollar tanks and they bring in the amero. theoretically if you owe $5000 dollars then will you owe 5000 ameros in it's place? if you have dollars in cash can you pay off the loan after the dollars become worthless? i don't know, does anybody have an opinion? Namaste' |
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#6 |
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Avalon Senior Member
Join Date: Sep 2008
Location: Edgewood, Wa.
Posts: 302
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My opinion is our debts will be larger due to the unfavorable exchange rate as we are issued the new money.
My wish is a world with no currency. I am not sure they are ready to let us have freedom yet. I know it is soon. My hope is for all people to see the freedom and make the transition. Love and peace |
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#7 |
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Avalon Senior Member
Join Date: Sep 2008
Location: Blackbutt, Queensland, Australia
Posts: 1,004
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I only know two things about money - I either have it, or I don't. If I spend more than I have,go into debt and will eventually have to pay it back. Oh! That's three things I know about money now. I tell you, I'm a fast learner.
But, joking aside, what is actually achived by changing the name from "Dollar" to "Amero"? What's that expression? "A rose by any other name would still smell as sweet", I can get my head around using gold as a form of currency as $1 worth of gold today could be worth twice as much in a year or so. Provided of course, inflation doesn't eat too much of it.
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#8 | |
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Avalon Senior Member
Join Date: Sep 2008
Location: Out of Body
Posts: 98
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Quote:
And if 'A' has got his money in the right kind of bank (like goldmoney, where assets are converted into bullion) his chances may not be that bad. Certainly better than debt, I'd say!
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| Tags |
| silver gold sold out |
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