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Old 16.12.2016, 13:05
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FedCoin & cashless society

Is it all doom & gloom, and is disaster just around the corner?

Doug Casey predicts we are in the eye of a storm, which arrived in 2008,

https://www.caseyresearch.com/cm/pro...n-presentation
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Old 16.12.2016, 13:12
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Re: FedCoin & cashless society

I made a note in my diary for May 28, 2016 which was the day the internet said the US$ would collapse. It didn't...
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Old 16.12.2016, 15:25
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Re: FedCoin & cashless society

Nothing like a bit of doom and gloom to get me psyched up for the weekend!

What the guy is saying is not new, the problem with all fiat money is that they get massively devalued / corroded by inflation. And because of the loose monetary policy of central banks around the world since what is now being called the "Great Recession".

What will happen next? Who knows! Either the currencies keep losing their values and stock markets keep going up, or the currencies gain back some of their value due to interest rates rising and stock markets reverse some of the crazy gains they made over the last few years. It will not stay the same that's for sure.
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Old 16.12.2016, 15:28
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Re: FedCoin & cashless society

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Is it all doom & gloom, and is disaster just around the corner?

Doug Casey predicts we are in the eye of a storm, which arrived in 2008,

https://www.caseyresearch.com/cm/pro...n-presentation
I remember when the USD was supposed to be finished about 10 years ago, 2 USD to £1 pound at the time so I transferred all my money into USD & invested in the US Stockmarket. I think it's the same story being rehashed again......
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Old 16.12.2016, 15:43
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Re: FedCoin & cashless society

You don't qualify as a fiduciary unless you have some physical gold &/or Silver sitting outside the banking system. Suggest subscribing to www.realvisiontv.com for some honest financial media.
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Old 16.12.2016, 19:10
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Re: FedCoin & cashless society

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Is it all doom & gloom, and is disaster just around the corner?

Doug Casey predicts we are in the eye of a storm, which arrived in 2008,

https://www.caseyresearch.com/cm/pro...n-presentation
The non-cash-society ideas (plans rather) are not a new thing. Amongst my friends we are aware of this problem since a while now. We see the tragedy in the controlling part of it (governmental bankruptcy is not really a subject here now and even if not the main ocncern in this).
It took a while until the guy (Doug Casey) pointed that part out in the interview as the main problem of this idea but I'm very glad he did. THAT is what we must be concerned about ..... nope that doesn't say it clearly; That is why we must stop it by all means.
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Old 16.12.2016, 19:13
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Re: FedCoin & cashless society

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I made a note in my diary for May 28, 2016 which was the day the internet said the US$ would collapse. It didn't...
Is there anything left of the Internet outside EF these days?
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Old 16.12.2016, 21:47
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Re: FedCoin & cashless society

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Is there anything left of the Internet outside EF these days?
I haven't looked...
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Old 16.12.2016, 21:52
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Re: FedCoin & cashless society

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Is there anything left of the Internet outside EF these days?
Yeah, gladrags and handbags.
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Old 10.03.2019, 13:19
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Re: FedCoin & cashless society

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Is there anything left of the Internet outside EF these days?
well just survivors
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