Posted by Traditional Farmer on February 26, 2014 at 18:43:40 from (67.237.188.53):
In Reply to: Re: Bitcoin posted by MarkB_MI on February 26, 2014 at 16:43:49:
Well thats the problem As long as people thought Cabbage Patch dolls were worth something they bought a lot of $$$ but when folks changed their mind they were about giving them away at yard sales.There can be unlimited Dollars,Euros or any other money now that most all of them are just conjured up on computer screens and the Fed is conjuring up around 70 Billion a month now and there is no limit or anything to stop them from conjuring any amount.Could just as easily be 70 Billion a day or hour.Thats why Bitcoin and the Feds Federal Reserve notes will cease to have any value.The so called US Dollar has lost around 98% of its value against Gold in the 100 years its been around so it doen't have far to go to be worthless.
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Today's Featured Article - A Lifetime of David Brown - by Samuel Kennedy. I was born in 1950 and reared on my family’s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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