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10-09-2008, 05:15 PM
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19,346 posts, read 17,014,678 times
Reputation: 7519
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Quote:
Originally Posted by SouthCali4LifeSD
true, it won't be the same depression as in 1929, because in 1929, we had a deflationary depression.
however, keep printing $1,000,000,000 to try and solve the problem and see what we get; the exact opposite of a deflationary depression...
we would fall into a hyperinflationary depression!
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Hi SouthCali4LifeSD,
There is no such thing as a hyper inflationary depression. Its not possible. A depression is nothing other than a constricted money supply. If the US currency lost appeal because we did not have goods to back it up then there would be price rises on imports etc but not inflation. All the Fed would need to do is raise the reserve ratio and money would be sucked in.
Listen what I tell you, its no mistake.
The Money Masters - How International Bankers Gained Control of America
If you watch this you will never look at anything the same way ever again.
The solution is full reserve treasury notes.
Look at Guernsey's debt free money or Lincoln greenbacks. |
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10-09-2008, 05:19 PM
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Location: San Diego
940 posts, read 2,950,163 times
Reputation: 456
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Quote:
Originally Posted by gwynedd1
Hi SouthCali4LifeSD,
There is no such thing as a hyper inflationary depression. Its not possible. A depression is nothing other than a constricted money supply. If the US currency lost appeal because we did not have goods to back it up then there would be price rises on imports etc but not inflation. All the Fed would need to do is raise the reserve ratio and money would be sucked in.
Listen what I tell you, its no mistake.
The Money Masters - How International Bankers Gained Control of America
If you watch this you will never look at anything the same way ever again.
The solution is full reserve treasury notes.
Look at Guernsey's debt free money or Lincoln greenbacks. |
thanks for the info.... i'll watch it by tonight and let u know what i learned |
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10-09-2008, 05:22 PM
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19,346 posts, read 17,014,678 times
Reputation: 7519
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Quote:
Originally Posted by SouthCali4LifeSD
thanks for the info.... i'll watch it by tonight and let u know what i learned
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Hi SouthCali,
I have never in my 40 years seen anything that shook me to the core more than this. |
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10-09-2008, 05:27 PM
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Location: San Diego
940 posts, read 2,950,163 times
Reputation: 456
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Quote:
Originally Posted by gwynedd1
Hi SouthCali,
I have never in my 40 years seen anything that shook me to the core more than this.
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are you talking about the downturn of the market or the video?
does the video talk about how wilson signed into law and granted international bankers the federal reserve to control the american people and how he later regretted it because it caused this nation to become prosperous off of money as debt? i'm looking forward to the video, i see that it's 3 hours long. i won't be able to watch it till about 7 or so tonight pacific time. thanks for giving me something to do then! |
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10-09-2008, 05:42 PM
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Location: Keller, TX
5,674 posts, read 5,587,200 times
Reputation: 4093
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I think that video is over a decade old. I think I saw it many years ago. Doesn't mean it's not relevant, just saying.
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10-09-2008, 05:52 PM
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19,346 posts, read 17,014,678 times
Reputation: 7519
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Quote:
Originally Posted by SouthCali4LifeSD
are you talking about the downturn of the market or the video?
does the video talk about how wilson signed into law and granted international bankers the federal reserve to control the american people and how he later regretted it because it caused this nation to become prosperous off of money as debt? i'm looking forward to the video, i see that it's 3 hours long. i won't be able to watch it till about 7 or so tonight pacific time. thanks for giving me something to do then!
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The video. |
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10-09-2008, 05:58 PM
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19,346 posts, read 17,014,678 times
Reputation: 7519
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Quote:
Originally Posted by Nepenthe
I think that video is over a decade old. I think I saw it many years ago. Doesn't mean it's not relevant, just saying.
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Hi Nepenthe,
Considering it goes back to the 1600s I think its OK. It also predicted all this. I just saw the Zeitgeist addendum. It also does a good job on the system and also on financial warfare but I don't think they have a great solution with its Utopian nonsense at the end and just is just as bad as the gold standard on a poor solution. Money Masters is dead on. |
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10-09-2008, 07:39 PM
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1,566 posts, read 2,910,120 times
Reputation: 1262
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Quote:
Originally Posted by ViewFromThePeak
Wow, maybe let the free market work instead of having a command and control economy like the 30's?
Notice the more government intervention occurs, the deeper the s*** we get into.
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ding ding ding |
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10-09-2008, 07:54 PM
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1,954 posts, read 4,941,189 times
Reputation: 1121
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Quote:
Originally Posted by bxlefty23
ding ding ding
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+1 |
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10-09-2008, 07:55 PM
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1,954 posts, read 4,941,189 times
Reputation: 1121
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Quote:
Originally Posted by bale002
I don't like it, but the majority of the people are not mature enough for a free enterprise system, it's a shame for those who are. An injustice that we'll have to bear.
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I would argue that the majority of the people are not mature or smart enough for democracy, but a free enterprise system is different. If you're not mature enough, the system will simply wipe you out  |
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