Sunday, April 27, 2014

Why Paper Money is Doomed to Fail

It's a mathematical certainty. Don't use paper (cash, bonds, stock) as your savings! , The only paper that has real value comes in a roll and is soft,






No shame in being a debtor on occasion. Everyone needs to use credit once in a while. The only danger is in the mind set that keeps you in a perpetual state of debt (nothing but misery there). On the other side, lending to perpetual debtors is fraught with danger too. What's the old Shakespeare line? Neither a borrow nor a lender be?

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