Posted by Bret4207 on February 28, 2014 at 03:54:27 from (64.19.90.196):
In Reply to: Bitcoin posted by RodInNS on February 27, 2014 at 21:07:44:
Quoting Removed, click Modern View to see
Rod, I'm not arguing for a Gold Standard, I'm saying any fiat currency is going to have limits. There are no limits on ours at present and that is a problem in my view. Buffets opinion kind of lines up with mine. I'm not a gold guy, it's worthless to me at my level. Beyond that I think he's just another very successful guy that has a lot better PR image than he deserves.
Some debt would be one thing, what we have hurts us. The Fed, answering to no one in essence, encourages this. It's not going to end well unless major changes are made.
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