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RE: Illinois Tax Rate Soars 32%

in #economy7 years ago

You cannot eat Gold or Silver, the answer in this kind of situation or if hyperinflation ever became likely is to grow your own crops so you have food to eat and can produce your own clothing. And also barter with/give to others so everyone benefits.

Metals are only valuable because people are happy to pay for them and that's not much different to Bitcoin. But if money became worthless then so too would those commodities. The only difference is cryptocurrencies can be used as a currency but everyone would have to be given some of them first and those who don't know much about them would assume Bitcoin is the one they have to have and wouldn't bother as they may not understand there are others designed for creating economic systems based on aiding others.

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We are living in a debt based world, controlled by the banking cartels. The music is going to stop one day--we need to dump the fed and blm --Crypto-gold-silver-lead-food-sounds like a good place to be in the coming few months and years..

Disagree, you can use gold and silver to buy food, look how 1 oz of silver is saving people in Venezuela who were savvy enough to buy silver before their currency (Bolova) went to pot.
they can now cross the border to buy food from the neigboring countries. I last heard, 1 oz of silver could feed their whoile family for a month.

I don't think that stage will come, as long as there is not any crisis in China, China is feeding the whole worls who have the little money.