Can a government govern successfully without a currency collapse?
Similar to hyperinflation, depression, etc.
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This entry was posted on Sunday, January 10th, 2010 at 8:06 am and is filed under Currency Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
January 10th, 2010 at 8:06 am
yes it can. Think bout this for a sec. If Private Bankers, such as those who own the Federal Reserve, loan money to our gov by the millions and billions on intrest rates, how can the gov. pay that money back?
On a smaller scale of thinkin, lets say a bank loans out 1000 dollars at 6% intrest…….Thats 1000 dol. in circulation right? How the hell are you to pay back more than a 1000 when there is only a 1000 in circulation. If there is intrest on every dollar in the US that is in circulation, how the hell do you pay it back….? You cant, someone is gonna lose……Land in the US begins to belong to these Bankers cause its the only colateral they are intrested in. My answer is yes, but only when the intrest system is done away with.