Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 16.12.2016, 12:05
Sbrinz's Avatar
RIP
 
Join Date: Oct 2011
Location: Murten - Morat
Posts: 12,057
Groaned at 563 Times in 354 Posts
Thanked 11,548 Times in 5,941 Posts
Sbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond repute
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
Reply With Quote
  #2  
Old 16.12.2016, 12:12
AbFab's Avatar
Forum Legend
 
Join Date: Sep 2006
Location: Zürich
Posts: 7,266
Groaned at 311 Times in 207 Posts
Thanked 9,601 Times in 3,386 Posts
AbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond repute
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...
Reply With Quote
  #3  
Old 16.12.2016, 14:25
The_Love_Doctor's Avatar
Forum Legend
 
Join Date: Aug 2009
Location: Zugerberg, Zug
Posts: 3,205
Groaned at 71 Times in 55 Posts
Thanked 3,572 Times in 1,687 Posts
The_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond repute
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.
Reply With Quote
  #4  
Old 16.12.2016, 14:28
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 17,699
Groaned at 282 Times in 231 Posts
Thanked 15,068 Times in 8,389 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: FedCoin & cashless society

Quote:
View Post
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......
Reply With Quote
  #5  
Old 16.12.2016, 14:43
beanz's Avatar
Newbie
 
Join Date: Nov 2014
Location: Horgen
Posts: 1
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
beanz has no particular reputation at present
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.
Reply With Quote
  #6  
Old 16.12.2016, 18:10
curley's Avatar
Forum Legend
 
Join Date: Oct 2006
Location: canton ZH
Posts: 9,234
Groaned at 131 Times in 112 Posts
Thanked 9,886 Times in 5,271 Posts
curley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond reputecurley has a reputation beyond repute
Re: FedCoin & cashless society

Quote:
View Post
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.
Reply With Quote
  #7  
Old 16.12.2016, 18:13
amogles's Avatar
Forum Legend
 
Join Date: Mar 2008
Location: Zurich
Posts: 10,581
Groaned at 209 Times in 177 Posts
Thanked 20,148 Times in 8,585 Posts
amogles has a reputation beyond reputeamogles has a reputation beyond reputeamogles has a reputation beyond reputeamogles has a reputation beyond reputeamogles has a reputation beyond reputeamogles has a reputation beyond repute
Re: FedCoin & cashless society

Quote:
View Post
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?
Reply With Quote
This user would like to thank amogles for this useful post:
  #8  
Old 16.12.2016, 20:47
AbFab's Avatar
Forum Legend
 
Join Date: Sep 2006
Location: Zürich
Posts: 7,266
Groaned at 311 Times in 207 Posts
Thanked 9,601 Times in 3,386 Posts
AbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond repute
Re: FedCoin & cashless society

Quote:
View Post
Is there anything left of the Internet outside EF these days?
I haven't looked...
Reply With Quote
This user would like to thank AbFab for this useful post:
  #9  
Old 16.12.2016, 20:52
Forum Legend
 
Join Date: Dec 2010
Location: ZH
Posts: 5,373
Groaned at 58 Times in 48 Posts
Thanked 2,670 Times in 1,597 Posts
SOBEIT has a reputation beyond reputeSOBEIT has a reputation beyond reputeSOBEIT has a reputation beyond reputeSOBEIT has a reputation beyond reputeSOBEIT has a reputation beyond repute
Re: FedCoin & cashless society

Quote:
View Post
Is there anything left of the Internet outside EF these days?
Yeah, gladrags and handbags.
Reply With Quote
  #10  
Old 10.03.2019, 12:19
omtatsat's Avatar
Forum Legend
 
Join Date: Oct 2007
Location: Timbuktoo/Zürich
Posts: 7,585
Groaned at 1,360 Times in 738 Posts
Thanked 3,177 Times in 2,041 Posts
omtatsat omtatsat omtatsat omtatsat omtatsat
Re: FedCoin & cashless society

Quote:
View Post
Is there anything left of the Internet outside EF these days?
well just survivors
Reply With Quote
Reply

Tags
us dollar




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Climbing club/society Westbourne_Express Daily life 7 14.10.2013 14:27
A post literate society? slammer General off-topic 7 07.05.2013 01:41
bureaucracy = civilized society ? OtherOne Daily life 11 02.08.2010 14:27
history society in Zurich lokami Daily life 12 23.01.2009 13:12
Nationwide Building Society kfcfriend Finance/banking/taxation 10 16.05.2007 20:46


All times are GMT +2. The time now is 08:55.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0