02-12-2009, 04:15 PM
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Registered User
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Join Date: Jul 2003
Location: Encrypted. Access denied.
Posts: 31,779
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Quote:
Originally Posted by $5 submissions
Yep. Hyperinflation.
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That is EXACTLY what is going on RIGHT NOW!
I copied this from Wiki, but look at how many countries have had hyperinflation and many of them changed to a new currency including the USA back in the Civil War era:
Angola, Argentina, Austria, Belarus, Bolivia, Bosnia-Herzegovina, Brazil, Chile, China, Georgia, Germany, Greece, Hungary, Israel, Japan, Krajina, Madagascar, Mozambique, Nicaragua, Peru, Philippines, Poland, Republika Srpska, Romania, Russia, Turkey, Ukraine, Yugoslavia, Zaire (now Congo), Zimbabwe...
And... And... And...
United States
During the Revolutionary War, the Continental Congress authorized the printing of paper currency called continental currency. Between January 1861 and April 1865, the Lerner Commodity Price Index of leading cities in the eastern Confederacy states increased from 100 to over 9000. As the U.S. Civil War dragged on the Confederate States of America dollar had less and less value, until it was almost worthless by the last few months of the war.
Those of you thinking everything is OK and your government is looking out for you and your dollar, need to wake the fuck up. This is going down right now, you're all watching it day by day by day.
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