Bushpro, Vernon, B.C., Canada Proudly Canada's largest manufacturer and
distributor of quality t

Bushpro, Vernon, B.C., Canada Proudly Canada's largest manufacturer and<br>distributor of quality t

Thursday, December 19, 2024

A Short History of Fiat Currency Failures:

It looks familiar.

What other times have currencies collapsed? Historically speaking? This is a fundamental question. Allow me to do a google search. There are two with which I am totally familiar. The German mark of the Weimar Republic in the 1920s saw run away inflation, when it so happened to cost a couple of wheelbarrows worth of marks to buy a loaf of bread. The other currency collapse was in South Vietnam during the end of occupation by the French and the arrival of Americans to defend democracy in the world by reducing the population of Vietnam. Two currencies collapsed. The piaster, and the US dollar. Nobody saw it, but the result was the so-called oil crisis, when the price went from $2USD per barrel to $40USD a barrel. That sound like a currency collapse to anybody else? Anyway. They are ugly events. Currency games.

9 Currencies That Have Collapsed https://hardmoneyhistory.com/history-of-fiat-currency-failures/ 

 The point is, history is something often seen to be repeating. Is it going to happen now? Is currency collapsing? A world currency of considerable dominance since post-World War II, for idiots that is 1945. 

 I suspect a guy like Elon Musk can arrive on a scene and stop entropy in a nation, and a world. Let's say it's been done. Churchill stopped Hitler. That is an example. 

 Can Elon Musk single handedly stop a runaway train? Like Superman, or Spiderman when it's a urban transportation train. Good question. I feel like answering it. Yes. He can. Because he can add things like trillions, and subtract them. So we're gonna see a miracle. Like a movie. 

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