So I heard a theory claiming the US only has 250 billion dollars, and that all the other trillions of dollars are bs credit. So basically, someone's gonna realize that our money doesn't exist, and all of the sudden everyone starves. But thats not gonna happen r-right guys? Everything's gonna be fine?
Most money is electronic, if that's what you mean.
Electronic money isn't any less valuable than any other fiat currency, though.
>>1421569
What about credit and debt though? All the stuff that hasn't been payed yet?
>>1421586
That's not how credit works. A creditor doesn't extend a line of credit to another person/entity without an agreement that the credit line cannot be called for by the creditor at any given time. They have to give you time to pay your debt, they can't just demand the money. That's why credit markets are efficient, volume and liquidity.
>>1421555
you need to brush up on your macro 101
>>1421685
>They have to give you time to pay your debt, they can't just demand the money.
0/10
>>1421816
They want to give you time to collect more interest
>>1421555
You're. Smart guy!
It won't happen like that. Although all currencies eventually fail, US has the biggest army in the world. It'll be world war 3 before that happens (which it looks like we're getting closer to).
Russia and China are getting comfy together. There's a lot of tension in the seas and US is cornering Russia. Russia will have no choice to bite. It's already a currency war with China's currency manipulation and their bitcoin + gold hoarding. They're already getting ready for the next currency. They may ban together and say you owe us trillions of dollars and your money isn't worth shit
>>1421816
If you call in the loan right away you don't get any profit, dumbass.