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.

Advertisements

Leave a Comment »

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

Create a free website or blog at WordPress.com.
Entries and comments feeds.

%d bloggers like this: