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bodzoyfa · 01-23-2009, 01:48 AM

Here's a fundamental problem I have with this whole scenario since I heard it many months ago:

If what Turner says is in fact correct and unfolds just the way he says, then would it not stand to reason that if we are able to recoup any monies, for even pennies on the dollar, when the Amero is introduced, that our debts that are also in dollars be devalued to the same amount? Doesn't that make it basically a wash? Or is it your understanding that our assets will be devalued but our previous debts will maintain their same values after the transition to the Amero?

I hope that makes sense because I would love to hear what others think about this.

How could you devalue our assets in the form of savings but not devalue our debts when they are both borne out of the same currency, the American dollar?

01-23-2009, 01:48 AM	#10
bodzoyfa Avalon Senior Member Join Date: Sep 2008 Location: east side Posts: 109	Re: Hal Turner Here's a fundamental problem I have with this whole scenario since I heard it many months ago: If what Turner says is in fact correct and unfolds just the way he says, then would it not stand to reason that if we are able to recoup any monies, for even pennies on the dollar, when the Amero is introduced, that our debts that are also in dollars be devalued to the same amount? Doesn't that make it basically a wash? Or is it your understanding that our assets will be devalued but our previous debts will maintain their same values after the transition to the Amero? I hope that makes sense because I would love to hear what others think about this. How could you devalue our assets in the form of savings but not devalue our debts when they are both borne out of the same currency, the American dollar?