My Buddy Rebkong
Today the dollar tanked and gold shot up......
The question now is whether Benny the B will intervene or will he blow the dollar.
If we have a run on the dollar and it implodes............all heck will break loose as interest rates will skyrocket and we will simply not be able to print enough dollars to service debt and payment obligations. You are right, money will be worthless.
The last time anything like that happened in U.S. was the aftermath of Katrina in New Orleans.....money was basically useless......but gold was much the same as well.
If we blow the dollar, we have the potential for a total societal breakdown in the richest nation on earth......sorta a crazy social experiment for someone who favors population control in this modern age.....don't you think?