OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Deflator blogs over on ZHFailed Fiat is always replaced with something with physical collateral backing.

Posted by Richard640 @ 19:10 on January 20, 2015  

I have heard that China is very nationalistic…nationalism isn’t just for White guys with little black mustaches.

besides, we already have a unified global monetary policy based on the USD. Why do you think a similar replacement with a different name will be acceptable now that it is clear that its predecessor has failed? When Fiat money dies it is never immediately replaced with a new confidence game Fiat. Failed Fiat is always replaced with something with physical collateral backing.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.