Quote:
Originally Posted by theunbrainwashed
Can you stop the idiotic BS of, "if you don't believe in X, then you must be working for the other side!" Thanks.
|
You can have any opinion you want to have, and embrace whatever ideological position that seems right to you ... but that's not the same thing as making flatly false claims which is what you've been doing ... twice now, in defense of Fiat money ... and that's not an opinion, that is a fact.
Quote:
Originally Posted by theunbrainwashed
Why on earth do you stick to something that can still be manipulated on the international market anyway? With gold being in such short supply, it can NEVER support any large economy, and countries will go to war to increase their reserves if there's not any left. The rich bankers can buy up gold on the international markets, and send the price crashing down, destroying the dollar. You can't monetize ONE metal, you have to monetize multiple metals. Putting it in perspective, there's not enough gold in the world to pay off the fraudulent national debt.
|
That's not true either, there is plenty of gold in the world, the only problem is that about 500 Trillion worth of it has been stolen and is sitting in a Rothschild vault complex ... it just needs to be returned to it's rightful owners, and the thieves arrested and put behind bars where they belong. That gold went somewhere? Unlike Silver which is used and lost through industrial usage, the majority of gold is not used up (very small quantities are actually used for industry purposes) ... a portion is used for jewelry and majority is stored as accumulated wealth. So it still exists ... it didn't fly to the Moon.
The other point is, ANYTHING can be manipulated, and I honestly can't imagine how there could be more manipulation than exists now, for crying out loud. The ENTIRE SYSTEM IS IMPLODING ... WORLDWIDE, with more debt than there is fiat money in existence to pay for that debt. And this should be a big clue ... how did debt become larger than the total amount of money in existence? Because the very first debt based fiat dollar created more debt than there was money in existence to pay it. If ONLY One Dollar was created at 3% interest ... the amount owed would be $1.03 ... but there would only be $1 in existence. Where do you get the 3 pennies to pay the interest if they don't exist? Well, you have to borrow that too, which creates more debt ... and the cycle continues to infinity. Worse yet, the more money you create, the more devalued the money becomes, until the money is worthless, but the debt still remains! IT'S A FRAUD .. A PONZI SCHEME that makes Bernie Madoff look like a Sunday School teacher.
As for Bill Still ... I like some of what he says and agree with certain points, particularly the fractional reserve fraud ... but he's just plain wrong on the part about not needing anything to back the currency .. he's wrong, because the only way to guarantee the value of the currency is protected to any degree is to have currency that has intrinsic value of it's own.
He claimed (in your last posted video starting at 22:46) that it is not important to have something backing the currency but only the amount of currency created and put into circulation. He's half-right .... the answer is BOTH ... and what backs the currency helps to regulate and restrict how much of it is created, which keeps inflation in check.
I agree that the creation of the money should definitely be done by the federal government and not a private central bank posing as a federal entity. But I really don't see where Mr. Still gets his faith from in believing that the government would control themselves any more than they don't do now with regard to the amount of money they would create out of thin air, even with the Federal Reserve completely out of the picture. Why would anyone believe such a thing? If they wanted to go to war, they'd just create more money ... if they wanted to promise voters the moon in order to be elected (just like they do now) they'd still do it and just print more money to pay for those promises. Nothing would really change.
The only way to keep the money makers (whoever that is) from creating vast amounts of money out of thin air is to not allow them to do it at all. And the only way to do that is to require that every dollar created has gold and silver to back it. And the only way to get that metal is either dig it out of the ground, or acquire it through production and foreign trade. And that last part is critical ... and another positive element in a gold & silver backed currency ... it encourages domestic production and foreign trade if the government wants to create more money .. they have to do so HONESTLY .. by EARNING IT.
The most critical part of all of this is that the US National debt that is currently claimed to be owed (15 Trillion) is fraudulent debt ... the legal name would be "Odious Debt" which describes debt that was created which did not serve the interests of the people for which the debtor claims owes it.
We've been defrauded, and our real assets stolen, and replaced by worthless paper. That's why there probably isn't any gold in Fort Knox or anywhere else in the country ... it's been stolen by the gangster cartel masquerading as the Federal Reserve, the World Bank, and the IMF, Goldman Sachs, JP Morgan and others ... all subsidiary agents of the Rothschild Cartel ... which is where you'll likely find OUR STOLEN GOLD & SILVER ... in the hands of the Rothschilds.
Seize the FED, including it's assets which were acquired by fraud, and return it to the US Treasury. Then issue an ultimatum to the Rothschild Gangsters ... return 500 Trillion in Gold stolen from us and everyone else over the past 100 years (since 1913), or face the consequences of us coming in and taking it back by military force, which will include criminal prosecution of the thieves. Think Iraq, Afghanistan, Libya ... only this time it will be not a country ... just the cartel HQ, and it's 500 Trillion in assets vaulted away. Give it back, and avoid spending the rest of your lives in Guantanamo Bay Cuba!
Problems solved. And there would be PLENTY of Gold to divvy back out to all of the nations around the world who have been similarly pillaged. Reestablish the US Dollar as an ounce of silver, and backed by Gold, keep it as the world reserve currency and establish reasonable fixed exchange rates with all countries wanting to participate, and the world economy would be fixed real fast.
Of course, that isn't going to happen ... but that is the solution. Anything else is just more smoke & mirrors.