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URL:  http://boards.fool.com/ltltperhaps-you-need-to-be-reminded-that-a-27809554.aspx

Subject:  Re: New Tax on Retirees proposed Date:  7/14/2009  12:39 AM
Author:  SeattlePioneer Number:  15264 of 19221

<<Perhaps YOU need to be reminded that a broad definition of Money is anything regularly accepted for the payment of goods & services.
>>



Mmmmm. It was just a year ago that we got a taste of what happens when that faith in what the government calls "money" gets shaken.

Gold and silver coins --- even those minted hundreds or thousands of years ago, retain purchasing value.

One wonders how long the tokens we use as coinage, or the electronic dollars we have in bank accounts will retain their purchasing power.

My, it will be a MIGHTY crash when they fail!



Seattle Pioneer
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