[Skybird]

FIAT money coming to its end? Ha.

EU politicians work on enforcing a general ban of any cash deal being done anymore, and want to abandon coins and notes. All transaction in the end should be electronically only. Which means the ultimate tyranny of debt-based FIAT money in its most perfected form.

BTW, when the sh!t hits the fan and the currency system collapses, gold and property will not save you. Gold will be falling under prohibition again, silver maybe also, and there will be raids by the police in private homes to find private gold and confiscate it. Property owners will get tormented by property-fees and taxes. It has been like that in the past, several times, in all currency crashes there have been. And there have been many.

The system is doomed to implode sooner or later, since no snowball system can run forever. One day soembody will ask for being payed out the very first debt bond ever being issued. And then the cardhouse and all it's levels will collapse. until then, politicians will do everythjign and try every trick to rob the citizens and get their private values to use it to delay uncovering of the real state of things. and the real state of things is that if you take into account all debts and future obligations and pen sions and interests payments, the industrial nations have debts that exceed their yearly GDPs between several hundred and even few thousand percent.

When the US violated international treaties during Vietnam and unilaterally left Bretton Woods, telling the world that it may be America's dollar but that it surely would be the world's problem, it opened doors, windows, and gates to the devaluing of value-based currency, and made debts the formal new currency unit: FIAT money's reign began (again).

And it will break us our necks. And no one of us will be save, no one. 2007 and later years, were just the first warning soft grumble of the earthquake heading for us. Every day that passes, our central banks work on making things even worse, by printing more money. Every day that passes, politicians work hard on hiding and delaying the judgement day until they have lived their prestigious career and enjoyed the material benefits of their profitable posts - att he cost of mounting more debts and damages to the final bill.

And the Itlaians now threatzen to re-elect Berlusconi again.

Homo Sapiens is not "sapiens" at all. But he certainly is an intellectually hopeless case. You can blindly trust on man always choosing the short-termed perspective only, and ignoring the long-termed cost. From antibiotics use over models of economy and money to population control (or lack of) and environmental and resource management. You can trust in man always choosing the short-termed profit and ignoring the long-termed multiplying of the costs for it.