The Motley Fool Discussion Boards
Retirement Discussions / Retired Fools
|Subject: Re: New Tax on Retirees proposed||Date: 7/14/2009 12:39 AM|
|Author: SeattlePioneer||Number: 15264 of 20014|
<<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!
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|