by Ferretlover » Wed 20 Jun 2007, 19:24:13
$this->bbcode_second_pass_quote('MonteQuest', 'B')ecause, without growth, our current money system implodes. It is debt-based. No growth= no growth in the money supply=deflation. Massive unemployment.
HHHmmm... I understand price=supply vs demand.
There's no such thing as a free lunch.
IMHO, betting in poker is like the futures market on wall street.
Do you expect that, post peak, money will still have value in the longrun?
Will money still retain any value if there are no goods to be bought?
Also, if there is massive dieoff, will unemployment be a problem (provided we are not overrun by illegal aliens)?
What is going to happen to the value of money if, post peak or sooner, China and other call in our debts to them?
My husband and I have been investing in a 401K for over thirty years...What do you see happening to those investment firms?