Stever's blog

Monopoly money

October 15, 2008 at 11:01 pm | Posted in Uncategorized | Leave a comment

Jeez. . .

Even the euro is about to become as valuable as monopoly money.

The European bailout “plan” is about $2.4 trillion Euros. . . yikes. And some of the banks have very liberal reserve requirements (read: none). I can just SMELL the inflation at this point.

I wonder when the dollar collapses (and it will. . .) if something comes and takes it place. IE, a unit of value that is created from the bottom up instead of the top down (read: the US government). If it does, good riddance, I’m tired of entities fucking with the currencies anyway.

Another interesting thing to look at is alternative financing. Check out prosper.