Oreo is obviously the only one in this thread so far CAPABLE of thinking for himself, and for that I applaude you!
First off the government does NOT control the amount of currency... The federal reserve does. The federal reserve is NOT part of our government it is a private entity. It is no more "federal" than federal express is.
No shit sherlock. I have been pointing that out for some time. As have many of us right here on this very board.
As I stated above the government does NOT issue our money... We gave away our ability to print money to the federal reserve in 1913... Please educate yourself before you run off at the mouth thinking you know what you are talking about.
You have a reading comprhension problem, AA.
You seem to think that since I understand that the amount currency has to be elastic enough to fit the activity of the society, I don't understand the structure of the system we have today.
Don't assume stuff about people here until you know who they are and what they think, AA.
And before you take me to task, make god damed sure you understand what I've written, too.
You are bringing no NEWS to this board, champ, as it regards the FED.
Certainly you have yet to prove to me that you know any more about this issue than I do.
In fact, based on you're taking me to task, its fairly evident you know far less about this issue than many of us on this board.
For one you obviously can't be reading our posts since you assume I am a supporter of the current structure of the Fed.
The FED is the foundation upon which this classist society stands, and which I rant about constantly, amigo.
My point, the point which you obviously haven't yet gotten, is that something LIKE a FED is necessary since the amount of specie in an economy has to bear some realtionship to the goods and services that society produces.
Gold bugs never seem to understand that.
I'm not sure how they can miss it, but they inevitably do.
My point is that the right to print currency belong to the PEOPLE (in the guise of the government) and NOT to some elect group of bankers, which is what we have now.
You understand the distinction betweeen what we have NOW, and what I think we should have?
I hope so since we're basically agreeing only I'm speaking about the issue in more depth than you have to date.
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