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#35 |
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37HSSV
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Thank you Loren for basically stating what I was thinking
Paper money (Physical Money) is worthless, and seeing it only makes up 3-4% of the actual money within the US, just think how many times you write a check, or use your debit/credit card. Not exchanging actual money. Multiply that by millions, billions of dollars annually between the population of the US. It is really backed by nothing. The term "reserve note", or "bank note" is simply nothing more than a promise that you can use this to trade with for goods/services. Thank god the Federal Reserve screwed that up for us, inflating how much money is in circulation, killing the value of the US dollar, and in turn raising the costs on everything from corn, to gas. Yay...nice to see when I am 60 that milk will cost $9.59 a gallon.
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07 Toyota Yaris Hatchback -sold- 11 Mazdaspeed 3 -SRI/TIP, 3 inch TBI, Custom FMIC, Tuned by Cobb Accessport, HKS ssq2 BOV, Upgraded HPFP- Clean stock look... Killer performance. |
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