Originally Posted by CAVEMAN
I did not catch that one! Scary, isn't it?
What's really scary is reading some of the comments on that YouTube video. Some people just have no clue whatsoever how the monetary system works. If your money is not backed up by something real, like gold or silver, then the only thing giving it value is the "good name" of the government that is printing it.
President Obama has already spent 36 billion dollars for every day he's been in office (likely the most fiscally irresponsible act in US history). How long is our "good name" as a nation going to last?
People don't think it can happen in America, but that kind of attitude is what guarantees that it WILL happen.