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Our Global Monetary System

Posted: Wed Mar 07, 2012 2:14 am
by Red Devil
a good read on understanding our current global fiat monetary system and what to expect in the near future (yes, you're hosed):

http://wealthcycles.com/features/unders ... is+Article

Re: Our Global Monetary System

Posted: Wed Mar 07, 2012 1:45 pm
by Psychedelic Rhino
HERE'S an interesting audio story on a fiat system that spun out of control in Brazil and recovered.

Re: Our Global Monetary System

Posted: Wed Mar 07, 2012 8:29 pm
by Red Devil
excellent conversation. a guy actually sold me some shares in that stone a few years back.

i was in Brasil for 5 months 10 years ago and there were new cars and roads and malls and stores and clubs everywhere (not to mention no fat people). 8-)