posted on Jan, 5 2013 @ 03:32 AM
Originally posted by TheConstruKctionofLight
What he's talking about is how Libya was proposing a Gold backed dinar in replacement trading in the US dollar, they were invaded in quick time and a
central bank set up to print "fiat money".
As much as I dislike the Federal Reserve, promoting North Korea, Libya and the like as the better alternative does not seem well thought out to me.
That raises the question, what would be a better system?
Either we do not have a Central Bank as it was for 80 years prior to 1913 -
or we get to elect the Chairman just like the President.
We could also have a system where the Governors of the States be authorized to override decisions made by federal agencies, to prevent them from
taking rights away from the States and slowly becoming a tyranny.