Backed by WHAT? 1's and 0's? or maybe backed by Communist China (who never kept any promise or did anything honest) or maybe it will be backed by the full faith and honor of the drug lords? No thank you. I'll stick with whatever currency is backed by the full faith and honor of America.
Backed by WHAT? 1's and 0's? or maybe backed by Communist China (who never kept any promise or did anything honest) or maybe it will be backed by the full faith and honor of the drug lords? No thank you. I'll stick with whatever currency is backed by the full faith and honor of America.
The dollar will buy you:
10% less DXY
40% less gold
35% less real estate
50% fewer stocks
40% less US goods & services (Chapwood index)
Than it would 5 years ago.
https://www.youtube.com/watch?v=7bzcrwBFD34