Madison320's latest activity

It's got to be bugging the shit out of the left that people can just move to another state to avoid over taxation and regulation. At some point some leftist is going to try to "fix" that "problem". Maybe a minimum state tax like they did with...

We need more efficient wars like this. We won't have to ship everything so far away. And we won't have to send our anti-ballistic missile interceptors to Israel. We'll get to use them here.

I agree that the govt is totally against using gold as currency. But the people will if the currency hyperinflates. So it's going to be a battle to see who wins.

Something that has been highly valued over thousands of years, portable, durable, divisible.

I agree. There's 0% chance the world is going to accept a hyperinflating currency as the reserve currency.

Will it still be called "dollar"? In any case, it might be a bit much to expect people around the world to stick with it through the process of the destruction of the current currency, which they obviously feel is a necessity to wean us from cash.

The logical conclusion to your argument is that we can have hyperinflation and the government can still feed and house the entire population..

I think they can print until we get high price inflation, maybe 15-30% as measured by the current cpi? At that point it would be political suicide to keep inflating.

It'll crash eventually but I don't think it will crash until the overall bubble crashes. And that won't happen until we get high to hyper-inflation and can no longer print our way out.

If you want to be successful in hedging a crappy future just do what central banks do and buy gold , 2022 - 2024 central banks bought 4180 tons of gold. Gold was an avg of 1800 in 2022

I pick 1 cent.

Plus I don't think most companies have much crypto exposure so it would be more of an isolated event.

Peter Schiff was talking about the bitcoin bubble possibly being bigger than the dotcom bubble. I've always believed that bitcoin will eventually crash to zero but it never occurred to me that it could bring down the economy. My guess is if...

When it comes to future elections no one here factors in the high odds that the economy is going to be a disaster in the coming years. It's already bad but we could be easily be looking at double digit price inflation and unemployment. Remember...

I don't like alex jones but I don't get why he was sued for lying about sandy hook. The emotional duress was caused by the killer not by alex jones unless I'm missing something.