how about this. . . if you take the 13 trillion dollars we owe, want to know how long it takes to get to this crazy number. try spending a million dollars an hr for 1484 years. Thats how long it would take to to spend 13 trillion and how long it would take to pay it back at that rate. God help us! ! !
Judt add 13 trillion more to it and you could just about cover our current national debt.![]()
I don't know what a trillion looks like but I have seen a million in Iraq dollars. When the USA invaded Iraq the last time the guys at work found a website where you could buy $1,000,000 in Iraq dollars for $800.00 American. They ordered big ole' bricks of Iraq money. Theory was that when the Iraq economy recovered we would be millionaires for the price of $800.00. I opted out of this. I may live to regret it but this hasn't happened yet. But they all say they are millionaires. For sure a title I can't lay claim to.
They also say invest in gold and you get some kind of certificate. Well now if the dollar is supposed to some how dissapear, do you really believe that certificate will be any good too? Is there really the amount of gold for the certificates sold?
Good question. Also, you can't eat or drink gold.
Dave.
Good question. Also, you can't eat or drink gold.
Dave.
What would happen is folks will Barter / Trade for what they need...
Dave ...you are exactly right..Look if the worse happens what good will gold or silver do anyone ?
What would happen is folks will Barter / Trade for what they need...Think about it ..Food, Water , Medicine and those are the basics. With the electricity off anyone who has a generator and fuel and a water well will have better than gold and the same for the person who has a stock pile of food or medicine or the land, equipment, seeds and know how to raise food...Gold and Silver will be of little to no value except to Countries conducting business, but for the average person trying to stay alive it will be meaningless. The ones with gold have to eat too ..so if you have food, water and medicine and you want gold you can get all you want at your price, if the time comes.
Well, there you go. I was thinking if I had a case of baked beans, and someone offered me gold for it when food was scarce, it would be a stupid trade - unless I had a hankerin' for a gold lined casket
Dan - I have heard of gold leaf chocolates and the like for folks who just need to do something unusual with their money. I was thinking silver is actually toxic ?
Dave.
Well, there you go. I was thinking if I had a case of baked beans, and someone offered me gold for it when food was scarce, it would be a stupid trade - unless I had a hankerin' for a gold lined casket
Dan - I have heard of gold leaf chocolates and the like for folks who just need to do something unusual with their money. I was thinking silver is actually toxic ?
Dave.