Friday, December 08, 2006

The Dismal History of Phony Money

History has shown that money – not counterfeit, but official money printed by the government – has been known to lose value and become virtually worthless. Examples include Russian rubles from pre-Revolution days, 50-million marks from 1920s Germany, and Cuban pesos from pre-Castro days. In all of these cases, jarring political and economic change destroyed currency values – suddenly, completely, and permanently.
Coming soon to the planet you live on.

That's right, I said planet-wide.

Do you have any idea of the ramifications?

Again, stay tuned.

Full essay.