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rogelio67 (October 12, 2008 at 5:59 pm)
i say we base our dollars value on sex slaves,, 1000 dolalrs equals one sex slave,,
gwynedd1 (October 11, 2008 at 5:53 pm)
The Federal reserve system fights inflation? Most people think they borrow money from a bank. What a joke. It an agreement to have a bank print money for you and you promise to pay it back with interest. Inflation is built in since the only way to pay the interest is to print more money by taking on more debt. So all that happens is banks print money for you which siphons wealth from the rest of the economy and they charge interest on what they never owned. This sets the table for depressions.
gwynedd1 (October 11, 2008 at 5:44 pm)
The gold standard is not workable. The Federal Reserve is a monopoly. Gold can be monopolized. If you really want to see the danger see "The Long Depression" when silver was demonetized and gold monopolies were formed. Lincoln green backs are the best option. Fiat currencies are not perfect but we have a fractional reserve debt currency, the worst of all.
Emyylii1 (October 11, 2008 at 8:04 am)
Watch Zeitgeist: Addendum it will explain all of this...the corporations on the planet want to make 'profits'
blaziermissy (October 10, 2008 at 3:20 pm)
No he's not stupid...he's cunningly deceptive.
Venue0309 (October 10, 2008 at 2:39 pm)
the whole process of credit and inflation is fraud. It is a slow way of creating poverty and destorying the dollar. If you have gold in your possession, KEEP IT. It is the only currency that cant be printed out of thin air and saturate the market.
MMAZZ12 (October 10, 2008 at 12:58 am)
Put Ron Paul in charge of the Federal Reserve. This organization is more secretive than the CIA, less federal than FedEx and not at all in the interest of the people.
elmejorjugador (October 8, 2008 at 10:33 pm)
Did Bernanke just say that there is no direct relation between the amount of money in circulation and inflation. Dear god the man is a dumbass.
adisaboston (October 8, 2008 at 8:36 pm)
rate and tell me what you boys think
steventelle (October 8, 2008 at 3:48 pm)
I think that the people who got us in this mess read the same books you did. |