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Credit, constantly owing someone. I don't like that idea??

2007-05-20 09:19:34 · 5 answers · asked by Beauty&Brains 4 in Politics & Government Politics

5 answers

Each dollar is currently backed by 0.04 cents!There hardly enough gold silver platinum copper nickel and palladium to back paper money and it is still being overprinted driving the value of our precious dollar down even further!

2007-05-20 09:28:19 · answer #1 · answered by Anonymous · 1 0

If you suffer for the lack of money I guess it must be real.
If the government prints up more with nothing to back it with like gold, they are stealing part of the wealth you may already have worked for! Keep in mind they are selling off our citizen's resources to the multinationals at the same time without regard for the average person. See you in peasant land!

2007-05-20 17:00:32 · answer #2 · answered by Peasant man 1 · 0 0

Money IS an illusion. Standard of living and happiness is the real benchmark. People with alot of money dont always have it all while some peoplewith little money are extremely happy and live well.

2007-05-20 16:47:49 · answer #3 · answered by underdog 1 · 0 0

If you had money you would understand.

Who paid for the car you drive? was it a cash transaction?
Who paid for the house you live in? Was it a cash transaction?

Debit is a way to finance what you can not aford today but you can afford tomorrow.

2007-05-20 16:24:50 · answer #4 · answered by mymadsky 6 · 0 0

No...it's a way of bringing in capitol while keeping your own resources at home. (over simplified for a silly question)

2007-05-20 16:25:53 · answer #5 · answered by Erinyes 6 · 1 0

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