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It is highly likley in the next few year that we could see all current currencies crashing and mass inflation.As such I recomend all countries create a people's currency in tandum to their current fiat money.Silver been used for thousands of years, as Money and has traditionally been seen as the poor man's gold. I think it may well be time for the people everywhere to organise a publically controlled and owned silver backed currency. Or alternatively a metals basket of Silver, palladium, and platinum.Money is a social tool of exchange and should surely be socially controlled, if anything the recent crashes and the comming one shows that private interests cannot be trusted, with maintaining a stable financial system. So I suggest a peoples currency, any thoughts?
US runs huge budget deficits and then prints more money.
It is the private sector that adjusts to keep the currency from going to far south.
Quote from: Jolly2 on 13/12/2020 20:41:25It is highly likley in the next few year that we could see all current currencies crashing and mass inflation.As such I recomend all countries create a people's currency in tandum to their current fiat money.Silver been used for thousands of years, as Money and has traditionally been seen as the poor man's gold. I think it may well be time for the people everywhere to organise a publically controlled and owned silver backed currency. Or alternatively a metals basket of Silver, palladium, and platinum.Money is a social tool of exchange and should surely be socially controlled, if anything the recent crashes and the comming one shows that private interests cannot be trusted, with maintaining a stable financial system. So I suggest a peoples currency, any thoughts? It is not the private sector that is messing this up, it is government and public sector.
China manipulates its currency for trade advantages, while the US runs huge budget deficits and then prints more money. It is the private sector that adjusts to keep the currency from going to far south. Even if we created a new currency, the boneheads in government, have the power to screw that up also.