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No Need To Work, Welfare Pays Better!
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<blockquote data-quote="vantexan" data-source="post: 4941255" data-attributes="member: 24302"><p>Pretty much started when Nixon took us off the gold standard. We have a fiat currency that people have to take on faith that the U.S. government will back it up and keep it strong. Only thing is politicians can't resist spending to please constituencies in exchange for votes and are willing to print their way out of messes they create. That eventually causes people to lose faith in the currency. And we are perilously close to that now. Literally every fiat currency in history, which is essentially nothing more than a paper promise, has failed. </p><p></p><p>As for baby boomers they(including me) were brought into the world by the previous generation. Blaming a group of people for something they can't help sounds suspiciously like a certain practice that has gotten a lot of news lately. SOME baby boomers have had a huge affect on how their generation is viewed. The rest of us are just living our lives.</p><p></p><p>And in 1970 the oldest baby boomer would've been 24. Was quite a ways before we were "running the show."</p></blockquote><p></p>
[QUOTE="vantexan, post: 4941255, member: 24302"] Pretty much started when Nixon took us off the gold standard. We have a fiat currency that people have to take on faith that the U.S. government will back it up and keep it strong. Only thing is politicians can't resist spending to please constituencies in exchange for votes and are willing to print their way out of messes they create. That eventually causes people to lose faith in the currency. And we are perilously close to that now. Literally every fiat currency in history, which is essentially nothing more than a paper promise, has failed. As for baby boomers they(including me) were brought into the world by the previous generation. Blaming a group of people for something they can't help sounds suspiciously like a certain practice that has gotten a lot of news lately. SOME baby boomers have had a huge affect on how their generation is viewed. The rest of us are just living our lives. And in 1970 the oldest baby boomer would've been 24. Was quite a ways before we were "running the show." [/QUOTE]
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