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- #41
I never even thought much about these issues. I don't know if we can ever get back to the gold standard. All I want is to take back what is ours. The rich bankers are too powerful.
I just want our government to be the Federal Reserve. I don't want private bankers calling all the shots anymore.
Understood and I quite agree with you about that.
But the GOLD STANDARD is a plan that I simply cannot see working to the advantage of ANYONE but the stupendously wealthy, Sealy.
How much fucking gold do YOU have sitting in your vaults?
None right?
The ONLY people who are sane who want a GOLD STANDARD have LOTS of it.
YOu gotta understand, dude, money is all FIAT.
FIAT money isn't necessarily a bad thing UNLESS we give the right to issue fiat money to PRIVATE INTERESTS WHO USE IT TO THEIR ADVANTAGE AND OUR DISADVANTAGE.
If you think the American people are screwed now, you need to read about how badly screwed they were BEFORE when we WERE ON A GOLD STANDARD.
When people keep producing and they want to exchange goods they need LEGAL TENDER to do so.
there is no way in hell that we can balance the production of a modern society against the limited amount of gold that exists in the world.
That would DESTROY our economy, not fix it.
It would solve one problem (the private banks issuing too much money) and replace that problem with one that is even WORSE
I don't even pretend to know enough about this to give you an educated response.