reply to post by DangerDeath
You said, "Absolutely right! There is no money in Federal Reserve. And Federal Reserve is not "Federal" reserve. It is a private company invented
to simulate the real gold treasury. They don't have money there, they have Thin Air!"
Look folks you all need to realize that all money is thin air. You don't really think that those little bits of green paper that we exchange are
actually worth anything do you?
The theory of money is ancient and before paper we traded bits of gold, silver, and copper. That money had only symbolic value as well. Money is only
as valuable as what you can trade for it.
Before gold and silver, money was carved stones, sea shells, or furs. Do you really think that a native on an island covered by sea shells actually
didn't realize that he could pick up shells any time he wanted to? The shells were just a symbol, something to use to seal the deal.
It is the same with the Federal Reserve, those little ones and zeros in the computer are every bit as real (or unreal) as those little bits of paper,
or gold bricks.
The point is that our currency is only as strong as your faith in it. We are at a time right now where that faith is being shaken. The problem is not
with our money system, it is with the abuse of that system by people who know better.