Re: An apology to Digging4Truth and Edward Anglin
 

I can't speak for others but what I am talking about is a total (or possibly near total) collapse of the American dollar.

I'm thinking... liberally... 2 years out.

Re: An apology to Digging4Truth and Edward Anglin
 

Okay, but I'll confess to being a total dummy in this area. So what does that MEAN?

Re: An apology to Digging4Truth and Edward Anglin
 

That means the great depression will have to be downgraded to the mediocre depression.

Re: An apology to Digging4Truth and Edward Anglin
 

That's what I was afraid you meant.

Re: An apology to Digging4Truth and Edward Anglin
 

I agree with you on positioning in regards to what might or might now happen.... and I appreciate the sentiment. As much has this is heart felt in the appology department, I am hoping this thread turns into a deeper discussion about the reality of the world we are living in.

these are truely dangerous days.

Re: An apology to Digging4Truth and Edward Anglin
 

that is in line with my thinking.

Re: An apology to Digging4Truth and Edward Anglin
 

Ferd, how are you buddy? I haven't been on AFF since January ( i think).

Anyhow, I was just wondering, what does people like Aqullia and the other Obama lovers think now?? Are they still defending him ?? Do they still support and like what's taking place? even what you just mentioned in your starting post?? surely not!

Re: An apology to Digging4Truth and Edward Anglin
 

Matthew 6:30-34

30 Wherefore, if God so clothe the grass of the field, which to day is, and to morrow is cast into the oven, shall he not much more clothe you, O ye of little faith?

31 Therefore take no thought, saying, What shall we eat? or, What shall we drink? or, Wherewithal shall we be clothed?

32 (For after all these things do the Gentiles seek:) for your heavenly Father knoweth that ye have need of all these things.

33 But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you.

34 Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself. Sufficient unto the day is the evil thereof.

Re: An apology to Digging4Truth and Edward Anglin
 

(Yes, the KJV guys used smilies. :lol)

Re: An apology to Digging4Truth and Edward Anglin
 

AQP, look at it this way.

We have a fiat economy. What that means is the actual value of the dollar bills you carry is based on the perceived value of the American economy as a whole.

Now when the American economy dominates the world, that dollar buys a whole lot of stuff. It does so because everyone wants it. where their economies are unstable ours is stable and thus the reason they want our dollars.

Now consider the value of anything is based on how many people want it, vs how many of the objects there are available.

If you are the only apple farmer in the world and you produce a very tasty fruit, the whole world wants your apples and you can simply "sell to the highest bidder". people with lots to offer you get apples while those with nothing eat pears.

Now if somehow, some folk learn how to grow apples and their apples taste as good as yours then there are now more people with apples to sell, there are more apples and now, there are more bidders that can win apples.

Your apples lost value because there are more apples out there....BUT

What if instead of more apples being out there, the pear farmers figure out that if they can get people to hate apples, then more people will want pears?

Let’s say for some reason that apples start making people really really sick. Now nobody wants your apples. You may have the only apples on the world but if nobody wants your apples they have no value.

The American economy is seeing both of these things happen. Other nations like China and Europe have stable and valuable currency. some people want theirs now to go with ours.... that makes ours less valuable because the market place now has options (more apples from other growers)

At the same time, our economy is NOT stable and our government policy is making it less stable. That means fewer people want our currency. The value of our dollars has dropped because fewer people want to take our dollars for their goods…..


That is called inflation. All the sudden now instead of a dollar to buy bread, it takes more dollars, not because bread is more valuable but because the dollar is less valuable.

Your question was how bad. Consider history. In Germany, before WW2 it got to the point that bread cost $50,000 marks… Then in desperation the people turned to a charismatic figure who told them he had a plan to get them out of the economic mess.

That man was Hitler. Desperate people will do anything to feed their kids. They will even elect a Hitler. And march off to war and commit unspeakable horror.

I don’t mean to be beyond the pale here, but the answer to “how bad can it get” can only be answered with “How bad has it gotten before”?

That answer is pretty scary.