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The problem with a metals-based money system is the same as with any other commodity-based system. The commodity that is the base is subject to at least as much manipulation as a fiat system. Look what is going on now with silver. It's about like investing in the Las Vegas housing market. With all due respect to Mises.
Why did Mises defend a money system based on money metals? First, because such a system reduces fluctuations in the value of money. Second, in order to get the State out of the money business.
I know people that refuse to believe that the Federal Reserve isnt part of the government. I explain to them how it works and how it was set up and they just look at me with a blank expression. So I take them by the hand to the computer and bring up the wiki about the Fed and still they refuse to believe it. "Internet conpiracy".
You just cant do anything with these people theyre completely useless.
Originally posted by havok
Ask yourself this question...
If we got rid of the Federal Reserve...do you think this economy would survive?
The simplest answer is no.
That's the entire problem and I'll be honest, I see the coming 'solution'.
I believe that these people are going to let it crash.
So they can control our next currency. (which they will)
Electronic.
Did i get it right somehow?
In 1976 A typical American CEO earned 36 times as much as the average worker. By 2008 the average CEO pay increased to 369 times that of the average worker. timelines.ws...
According to an article in The New Republic of Dec. 2, 1991, in 1948, a married couple with median income and two children, paid only 2% in state, federal, and Social Security taxes. In 1999, Social Security was 15.3%, plus 2.9% for Medicare, out of the first $62,700 in wages, or $11,411.40, and then perhaps 30% in federal taxes…[if you were lucky].... www.gold-eagle.com...
...The fall of America and the creation of a World Government is the objective of the Money Masters and they are Jewish ....
The problem with a metals-based money system is the same as with any other commodity-based system. The commodity that is the base is subject to at least as much manipulation as a fiat system. Look what is going on now with silver. It's about like investing in the Las Vegas housing market. With all due respect to Mises....
No. I do not believe that metals, or any commodity, will properly serve as a monetary basis.
The global creditors for the US Treasury Bonds are so angry at the past suffered losses, the prospect of deep future losses, and the corruption laced throughout the US financial system, that they have hired third parties to kill off the US$-gold platforms, socioecohistory.wordpress.com...
The Germans have demanded that gold bullion held in US custodial accounts be returned to their owners, with physical gold shipped back to Germany. The Dubai bankers have demanded that gold bullion held in London custodial accounts be returned to their owners, with physical gold shipped back to the w:st="on"United Arab Emirates. They are following the hired German counsel. In all likelihood, neither US nor London sources are in possession of all the gold held in those custodial accounts, since at least some of it probably was improperly leased. By that is meant without owner permission or knowledge. So an uproar could come soon with charges of gold bullion theft, or at least failure of fiduciary responsibility. Theft is a simpler description. news.goldseek.com...
Hong Kong is pulling all its physical gold holdings from depositories in London, transferring them to a high-security depository newly built at the city's airport, in a move that won praise from local traders Thursday. www.marketwatch.com...
Gold Finger - A New Take On Operation Grand Slam With A Tungsten Twist”
I’ve already reported on irregular physical gold settlements which occurred in London, England back in the first week of October, 2009. Specifically, these settlements involved the intermediation of at least one Central Bank [The Bank of England] to resolve allocated settlements on behalf of J.P. Morgan and Deutsche Bank – who DID NOT have the gold bullion that they had sold short and were contracted to deliver. At the same time I reported on two other unusual occurrences:
1] - irregularities in the publication of the gold ETF - GLD’s bar list from Sept. 25 – Oct.14 where the length of the bar list went from 1,381 pages to under 200 pages and then back up to 800 or so pages.
2] - reports of 400 oz. “good delivery” bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong.
.....here’s what the Chinese allegedly uncovered:
Roughly 15 years ago – during the Clinton Administration [think Robert Rubin, Sir Alan Greenspan and Lawrence Summers] – between 1.3 and 1.5 million 400 oz tungsten blanks were allegedly manufactured by a very high-end, sophisticated refiner in the USA [more than 16 Thousand metric tonnes]. Subsequently, 640,000 of these tungsten blanks received their gold plating and WERE shipped to Ft. Knox and remain there to this day......
Originally posted by SimonPeter
reply to post by crime velvet
If you can't see the connection it's your loss . If you sideline religion as you call it then you haven't actually researched it . The two confirm each other . But carry on cavorting along like a bunch of yuppies in your act of deceiving yourself .
Originally posted by againuntodust
I'm interested to see how popular this cartoon movie will get.
I am actually interested in watching it - but I will not pay to do so. My interest is not that high enough to spend money because I know most of the information the movie contains.
But what about the "sheeple"? If I won't pay to watch it, neither will they. Their interest must be even less than mine. Trying to profit off of exposing the evils of another is akin to extortion.
I like that this guy made a movie, but if he made this movie on the premise that the American people deserve to know the evil and deceptiveness of an all-powerful banking cartel, I don't like that he is trying to amass personal wealth through the same system he is supposedly exposing by releasing that deserved information.edit on 1-1-2011 by againuntodust because: (no reason given)edit on 1-1-2011 by againuntodust because: (no reason given)
Originally posted by GlennCanady
This is great! The first video is a trailer for a animated short movie all about how the Federal Reserve slavery system works. It looks really cute and funny. The second video is an interview of the creator of the movie by the only person that is legitimate on Fox News - Judge Napolitano!
Once I learned how purely evil the Federal Reserve was and how it's a total scam on the American people, I knew that both parties and our press was in on the scam because they NEVER told me that the Federal Reserve was a private bank and that all our tax money goes to the Rothschilds and Rockefellers and a few others! Everything we were told in school was a lie!
JFK was the only real President since 1913 that that cared about the American people. He signed the executive order to abolish the Federal and was killed months later. All Presidents since have been pure new world order trash such as Nixon, Carter, Reagan, Bush, Clinton, GW Bush, Obama. They all serve the bankers and not the American people. All our press is controlled by these bankers and thats why you see hardly a PEEP out of them about it. Judge Napolitano will probably get fired now because he says 911 was an inside job and he's telling the truth about the Federal Reserve. LOL
Anyway, spread the truth to all you can. Destroy the lies. Get 5000 friends on facebook and post stories from ATS on there. If you spread truth, friend me too! I'll make room for ya!
Here's the videos
Originally posted by prexparte
Behind the great federal reserves dasterdy secrets lies the great leaders of who? yes Jewish minds. We americans are handing them our lives on a silver platter. And they are laughing at every cents they steal from us. when you think about it seems the jews have their hands in on many of the world problems and issues...interesting right?