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Re: captainscotty post# 20501

Wednesday, 10/04/2023 11:09:54 AM

Wednesday, October 04, 2023 11:09:54 AM

Post# of 20550
At 90% debt relative to GDP, we're getting there (close to the bottom in JNUG). Question is will the $ have any purchase power? My understanding is that the $ has lost 98% of it's purchasing power since the Federal Reserve Note (FRN) was brought into existence. If precious metals once again become a means of value and trade will it matter? We're all pretty much screwed as long as our measurement of value is in the FRN, IMHO. It's that bad!

There's a sucker born every minute!

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