Posted by: [deleted]
Posting time: 3.9 years ago on
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Archived on: 4/22/2017 10:00:00 AM
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[–] 7716099? 0 points 2 points 2 points (+2|-0) ago
I have a sneaking suspicion the west will see a lot of inflation soon, like we did in the 70s.
There's so much money floating around. History tells me it's just looking for some bubble or ten to inflate.
The trouble won't be with losing the value of your money (just make sure it's properly invested, and it'll grow along with inflation), the trouble is if you're in debt and the interest rates just hit 40% for something you're paying 4% for today.
[–] geosprintforever 0 points 2 points 2 points (+2|-0) ago
For all those who "think" it cannot happen to the US.......
Gold and Silver are always worth something....always
[–] 7716002? 0 points 1 point 1 point (+1|-0) ago
Unless private ownership is banned.
That wouldn't happen, though.