'Times' autopsy XXXV: Afghan ruling class know which way the wind's blowing; massive exodus of the rich from Kabul - and their gold.
@paulrogers002 That's just 1 aspect I agree with. Main concern tho is that gen population going to be left with de-valued currency & no gold
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@C7RKY Sutrely - Asian community in UK is a lot more sussed on this, presumably as banks in country of origin already so distrusted. -
@paulrogers002 Banks are worse here & we're more conditioned to blindly accept money as tangible when in truth it's just paper & a promise. -
@C7RKY We must be careful not to overestimate security of gold either - it, too, has fluctuating market value. -
@paulrogers002 As does every commodity Paul, I agree. Just something in my water (& a banking background) says watch who's stockpiling gold. -
@C7RKY Many saw shift from gold standard as also taking the brakes off unlimited (but unsecured) circulation of capital. Had consequences.. -
@paulrogers002 Didn't it just. Biggest consequences perhaps yet to be seen? Debt slavery is still slavery - and no gold to buy your freedom! -
@C7RKY Current German paranoia about book-balancing in face of s.European debts harks back to 1920s Weimar hyperinflation, for example. -
@paulrogers002 Yep, the signs are worrying when you consider they're no longer isolated in nature. Failure to learn from history once more?? - 8 more replies
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