Showing posts with label monopoly money. Show all posts
Showing posts with label monopoly money. Show all posts

Sunday, December 27, 2009

currency collapse disorder


What happens when when you print lots of little green pieces of paper? We will soon find out. History tells us some cautionary tales about weimar germany. People will use wheelbarrows full of worthless paper money. The gov wants to keep running our printing press. But as each new digital dollar is printed out the value goes down and prices increase. What we have now is an orangeback ten that looks like monopoly money. I call it currency collapse disorder, and it will arrive soon.

Saturday, December 5, 2009

What is real

Houses and hotels built on a cash foundation. photo

Sadly, rather than fix the problem our gov claims there is no prob. They say that rapidly improving labor markets means we are now in an economic recovery. That the great recession has ended and we are now seeing unemployment improve.

What I say is that this depression, which will be worse than the one in the 1930s maybe has not ended, in fact, it is just getting started. People, we cannot print worthless little green pieces of paper and expect that all is fine while we produce nothing. I am talking about the orangeback ten that looks like monopoly money. Take a look at Walmart, 99% of their merchandise is MADE IN CHINA. How much longer can this game go on?