No, no, no, NOOOO!!! The “price” of the PMs is not about to launch!! The perceived purchasing power of the fiat currencies is about to drop through the floor boards!! The equation must remain balanced!! When the confidence factor of a medium of exchange goes down, more and more of it is required to keep the equation in balance, and THAT is what we call inflation!!
The “cost” of PMs in terms of human labor always remains pretty much the same, but the cost of stuff in terms of fiat paper that has no intrinsic value to it, that goes up and up until the bubble pops, and then all comes crashing back down again.
With all of the STD’s, unwanted pregnancies and divorces, this “cartoon” reminds me of a British phrase.
BAD FORM!
Awesome
No, no, no, NOOOO!!! The “price” of the PMs is not about to launch!! The perceived purchasing power of the fiat currencies is about to drop through the floor boards!! The equation must remain balanced!! When the confidence factor of a medium of exchange goes down, more and more of it is required to keep the equation in balance, and THAT is what we call inflation!!
The “cost” of PMs in terms of human labor always remains pretty much the same, but the cost of stuff in terms of fiat paper that has no intrinsic value to it, that goes up and up until the bubble pops, and then all comes crashing back down again.