Your under the impression that a fiat currency will somehow run out of steam ! Nothing could be further from the truth ! Greenspan, Bush and his daddy are NOT dipsh!ts, no matter how much you dont like them, it can and will continue to keep going for a long, long time. I’ve heard all of that austrian and keynesian economic theory before, it doesnt move me. Economists and "lounge chair economists" like most of the people here seem to forget that economic principals are exactly that PRINCIPALS not physics governed by the laws of gravity, its governed by those who run it ! Dont confuse the laws of science with the theory of economics, nothing in finance is hard and fast, NOTHING !
Your under the impression that a fiat currency will somehow run out of steam ! Nothing could be further from the truth ! Greenspan, Bush and his daddy are NOT dipsh!ts, no matter how much you dont like them, it can and will continue to keep going for a long, long time. I’ve heard all of that austrian and keynesian economic theory before, it doesnt move me. Economists and "lounge chair economists" like most of the people here seem to forget that economic principals are exactly that PRINCIPALS not physics governed by the laws of gravity, its governed by those who run it ! Dont confuse the laws of science with the theory of economics, nothing in finance is hard and fast, NOTHING !