tag:blogger.com,1999:blog-15832687.post3704506829794135661..comments2023-10-03T06:16:00.300-07:00Comments on Chas' Compilation: Has US Currency already "collapsed"?Chashttp://www.blogger.com/profile/18165615466886851925noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-15832687.post-65122667116597806512011-09-08T12:34:59.393-07:002011-09-08T12:34:59.393-07:00Yes, the devaluation has been coming slowly. But ...Yes, the devaluation has been coming slowly. But when if finally catches up with us... well. I recently did a blog post about a book that describes what it might be like:<br /><br />http://chasblogspot.blogspot.com/2011/09/psychological-pain-will-be-much-greater.html<br /><br />The Authors say it will not be as bad as the Great Depression of the 1930's, on the physical level. BUT, that it will SEEM worse to many of us psychologically, because we've enjoyed easy money, credit and prosperity for so long.<br /><br />I put some excerpts in my blogpost. The authors make some pretty plausible arguments for the ideas they put forth.Chashttps://www.blogger.com/profile/18165615466886851925noreply@blogger.comtag:blogger.com,1999:blog-15832687.post-46662588454290751532011-09-07T17:04:30.410-07:002011-09-07T17:04:30.410-07:00Turk is absolutely correct. For decades now Ameri...Turk is absolutely correct. For decades now America has been led down the path of inflation, devaluation so slowly that generations have become numb to it. But, the market has not. Gold and silver are now decoupling from stocks and even other commodities as they take their rightful place as the only true store of value, which is what a currency was supposed to represent. If you can't afford gold or silver, store food and water.Anonymousnoreply@blogger.com