The Fed Set To Celebrate 100 Years of Dominating The USA, page 3
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reply posted on 4-11-2010 @ 03:12 PM by arbitrarygeneraiist
reply to post by SonicInfinity


You're right on that. There was a thread about a Simpon's episode that supposedly predicts a nuclear explosion on the 6th of November. Makes me wonder where this nuke is being directed, maybe it'll be the fireworks celebration at the end of this banker's party.



reply posted on 4-11-2010 @ 03:36 PM by SonOfTheLawOfOne
Originally posted by Seti_Starr
reply to post by TheBandit795


HEY!!!!!!! Wait a minute!!!!!! Why does it seem that almost everyone including our President, Federal Reserve and major banking institutions is going to be away around November 6th?????

Is there something we should know about???

I'm feeling a tad bit paranoid again….


This is definitely a strange occurrence... the odds of this happening through coincidence are incalculable... unless it was planned that way. I find it strange indeed.

~Namaste


reply posted on 4-11-2010 @ 03:39 PM by SonOfTheLawOfOne
Originally posted by zosimos
reply to post by WhiteDevil013


cant the states just print their own money?
aren't they sovereign?

the whole country would have to try to get on some sort of standard would be my guess, like the whole country would have to work together.
i probably don't know what im talking about though.


This is one of the problems that initially set the stage for a centralized bank.

With states printing their own currency, there WAS no way of keeping track of the worth of the money for each state and relating it to the value of another state. An exchange system was not available and that was one of the reasons that fueled the "need" for a centralized bank and to put into the Constitution that the Federal Government oversee the printing of coin and currency for all of the states. It was later argued that the Fed should have that responsibility and so here we are.

~Namaste


reply posted on 5-11-2010 @ 07:51 AM by Maslo
reply to post by mnemeth1



Bill Still is a socialist who favors fiat money printed by government.


There is nothing socialist with government printing of money. Only directly SETTING the price of money (interest rates) is socialist. There is a big difference, altrough many people fail to see it.

Setting or fixing the price of any commodity (for example claiming that consumer price of bread should be x, if real price is different) is socialist. Increasing amount of a commodity on the market (for example baking some (not unlimited) amount of bread, and thus influencing (lowering) its price on the market, but NOT directly setting the price or target price as fixed) is normal capitalism. Everyone who produces something does the same, and money is a commodity like any other.

Central banks do not create rational, predictable and fixed amounts of new money (thus only causing moderate inflation, which is good because it promotes investment, and no deflation) and pour it into the market with no price (interest) attached, but they directly and socialistically set the target price, and produce unlimited amounts of debt-money, until the target price is reached, and what is worse, LOAN the money into circulation, even with interest, thus causing cycles (deflation and crisis when they stop the presses).
edit on 5/11/10 by Maslo because: (no reason given)
edit on 5/11/10 by Maslo because: (no reason given)

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