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#19516

James Mitchner
Participant

Our currency still had value back during the last depression.  There just was not enough of it to go around.  Now we have a fiat currency backed by nothing.  Its not even real money as defined by law.  Its an IOU… a “Federal Reserve Note” that can’t be exchanged for real money (gold/silver) but only for other “notes”.

Aside from the financial/economic factor, the real danger this time around will be from the social aspect.  People are a lot different today than in 1930.  That diversity rammed down out throats will be our undoing.  Violence will be rampant and out of control in and near large population centers.

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