Ron Paul on Bitcoin: "The dollar has lost 97 percent of its value..." - page 4.

leezay

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SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN

Quote from: Ron~Popeil on July 05, 2014, 02:25:19 PM

Something has to give at some point. I am not sure there is a way back for the dollar. If they try to strengthen it by shrinking the supply the debt we owe becomes worth a lot more and crash the system. On the other hand the slower destruction of QE makes us all poorer. I wonder if it would be best for future generations to swallow the medicine now so they can have a stable economy in the future.

It is less costly to solve problem now than piling it down the road.

Ron~Popeil

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Something has to give at some point. I am not sure there is a way back for the dollar. If they try to strengthen it by shrinking the supply the debt we owe becomes worth a lot more and crash the system. On the other hand the slower destruction of QE makes us all poorer. I wonder if it would be best for future generations to swallow the medicine now so they can have a stable economy in the future.

Beliathon

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https://youtu.be/PZm8TTLR2NU

Sindelar1938

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In fact, the dollar has lost 99% of its value between 1914 and 2014

beatljuice

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While I do believe there will be a major US dollar devaluation in the (probably) near future. I don't think it's going to "crash" and become almost worthless like a loaf of bread costing $100. While I know that the US dollar is becoming less important to the world economy, it's still the biggest player and will be for quite a while still.

Momimaus

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Never back down !!!

It was half a year ago, so 5 years in Cryptotime.

blatchcorn

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Quote from: SpontaneousDream on July 05, 2014, 01:43:19 PM

https://www.youtube.com/watch?v=wrcszolEW0s

Short video. What are people's thoughts on this? Do you guys anticipate a "panic" occurring at some point?

Any sane person should prefer a currency backed by science over a currency backed by nothing

SpontaneousDream

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https://www.youtube.com/watch?v=wrcszolEW0s

Short video. What are people's thoughts on this? Do you guys anticipate a "panic" occurring at some point?

Topic: Ron Paul on Bitcoin: "The dollar has lost 97 percent of its value..." - page 4. (Read 3762 times)