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This is the path the Roman empire went down. Reduce the metal content of the coins ... make the money worthless.
This is late stage empire type of stuff.
None of own enough #gold and #silver.
Get it while you still can.
This is late stage empire type of stuff.
None of own enough #gold and #silver.
Get it while you still can.
Quarters until 1964 were 90% silver and 10% copper.
Quarters now are 91.67% copper and 8.33% nickel.
So now even that is getting too expensive for them and they want to use even cheaper metals to make our coins.
Next step is just all digital, zero metal.
Worthless currency.
Quarters now are 91.67% copper and 8.33% nickel.
So now even that is getting too expensive for them and they want to use even cheaper metals to make our coins.
Next step is just all digital, zero metal.
Worthless currency.
If they go 100% digital with no limit on the number of CBDC "dollars" they can create, then that is the path to hyperinflation.
Our politicians don't know how to control spending, debt or entitlements. This type of monetary system we are heading towards is doomed to failure.
Our politicians don't know how to control spending, debt or entitlements. This type of monetary system we are heading towards is doomed to failure.
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