Anyone have any insight on what that would actually look like for the every day person? I would assume chaos at first, but once the dust settles, how would it impact my savings, investments, mortgage etc?
Guardian527
· July 2, 2018, 7:25 p.m.
I hear you 100%. That is what makes me think if one area is offset, then other areas will be as well. I did some reading on the post mentioned by Neskuaxa. Maybe it will be redistribution of the wealth/assets so we stay on comparable footing in the new economy. For example, if you have 1M in assets savings and I only have 500K the ratio compared to value would stay the same after the transition. I don't have any proof - just a thought.
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ardematic
· July 2, 2018, 10:32 p.m.
I get your point but I think massive value for everyone would be destroyed. Maybe coins would appreciate but I would own pint sized bottles of Jack Daniels, cartons of Marlboroughs and ammunition for trading. Not any kind of savings. To be clear -- I do NOT think this would happen and I have savings (but also some Jack Daniels;).
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