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RE: Use Your Steem Bank to Save and Earn, Not Your USD Bank
That's a very good point. I still like it though. For now I can still go to the grocery store and they'll give me food for it. I think I'm getting the better end of the deal there. Then again, I can spend hours of my day working for someone else and I take USD from them, so I guess I'm a sucker too. :)
You win some, you lose some. :)
Funny just because something has been around for a very long time that it manages to continue to exist from its own inertia—that and backing 67% of the world's economy.
We are so in trouble when the USD finally falls.
That whole petro-dollar thing helped a lot. Brought a lot more money into dollars so they people could buy oil. Now that Russia and China are trading without dollars, the demand has gone down. And China has downgraded US debt. Things are starting to unravel. How long can they hold it together?
I don't know. It's amazing how resilient everything has been. Some divine intervention or something is going on because when you build a house of cards with smoke and mirrors, you get—
I got nothing. :) Just like the image of a house of cards made out of smoke and mirrors.
Ha ha ha, yeah man. Gotta be buying that silver and gold. :)