Very well put, I agree with hyperinflation.... The U.S. dollar is no longer backed by gold so all that is keeping the value is a matter of stability.... I'm hoarding ammo for a reason, I ma need it I'm afraid....like you said I hope I'm wrong.
Concealed 27:idiot:
Not trying to be an alarmist. And I'm not running around being nervous and popping valium like M&M's. I just don't see this quantitative easing lasting forever. Eventually someone's going to have to pay back all the money that's owed. And since that is impossible, it's going to come crashing down around us. I think it's just a matter of time.
The Fed is a ponsi scheme of the greatest magnitude. For every dollar borrowed from the Fed. We owe back that dollar plus interest. If we pay back everything we borrowed. Where do we get the money to pay the interest? The Fed? Here we go again.
You can't just work extra hours to make more money like you did to pay off your car loan. Since the Fed is the only source for US currency, There is no way to pay them back in full. The money isn't there.