HumanBeing
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Re: When will the Dollar Collpapse ?
You don't seem to understand the point. "Paper prices" become irrelevant when people stop caring about the numbers and see it for what it is; paper. Sellers get to a point where they just stop accepting it if there are alternatives like gold which can't simply be printed. If that wasn't the case, governments wouldn't care, and they wouldn't need to ban people from owning gold when it suits them. You're missing the point that when a currency collapses, it just becomes worthless paper, nothing more. Historically even in times when people don't trust fiat currency to be worth the paper it's printed on, they will always still be willing to accept precious metals. It's the way it has always been, the way it will be for the foreseeable future.
Sorry, you really aren't grasping reality. Were prices for basic goods lower in 1934 than in 1929? Were they the same? The point being, if a seller will take the paper money and provide a product, the paper money is not worthless. If you can buy more product in one year with X dollars than you could the year before - are you worse off?
Please note the 'Roll eyes" gif is a sarcasm indicator.
You don't seem to understand the point. "Paper prices" become irrelevant when people stop caring about the numbers and see it for what it is; paper. Sellers get to a point where they just stop accepting it if there are alternatives like gold which can't simply be printed. If that wasn't the case, governments wouldn't care, and they wouldn't need to ban people from owning gold when it suits them. You're missing the point that when a currency collapses, it just becomes worthless paper, nothing more. Historically even in times when people don't trust fiat currency to be worth the paper it's printed on, they will always still be willing to accept precious metals. It's the way it has always been, the way it will be for the foreseeable future.