posted on Dec, 24 2010 @ 08:09 PM
Yeah, why nationalize a system that was meant to be private so that no one would be allowed to look at the books.
Why do we need a system of currency controls? That should be the question asked.
Why do we have what are called legal tender laws? Reason being, everything in a free market system, including currency should be freely available to
be used or not be used. When the government passed legal tender laws, they forced us to accept their pieces of paper as legal tender, even though they
use the currency to steal from us by the basic tenet of inflation.
Nationalize, what are you daft? Go the other way, repeal all the legal tender laws and let people use the currency of their choice, what you earn
today will be worth the same thing in 10 years, where as the currency we currently use, is devalued by half in the same 10 years. That is the power
of the fiat currency and fractional reserve banking, the closest to the creation or distribution of the currency has all the benefit. Those that live
week to week or paycheck to paycheck, have to spend their currency, for it devalues everyday you hold it. Then the government taxes you on the
Property that you purchase continually, so they get you on the currency and the property end of it.
They screw you when you have it, and they screw you when you attempt to convert it into property. They have created this system and instituted slowly
to fool everyone into believing you actually can get ahead. Keep chasing that dollar. I prefer gold, silver and platinum.
If I had my choice, I would do no business with anyone in fiat currency. AT ALL.