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Originally posted by CommanderCraCra
Interesting you mention pre-nazi in relation to the US. I was just recalling a conversation I had with a woman four years ago last night when we were discussing this.
She said the US was becoming like Nazi Germany, and I said not quite yet, but in perhaps a decade it would be realized. I think we must be very, very careful who we allow into office in 2016. Too many things seem to be lining up to cause the perfect storm in the US. Honestly, I'm not sure it's avoidable.
I watched the video just now. Meh, the guy is choosing to focus on similarities, and omit the differences.
The mark wasn't the reserve currency for the world back then. Pretty sure it was the sterling pound.
Until people not only lose confidence in the dollar, but have the means and will to choose a better one, the game plays on. Our dollar is propped up by our military, ie petrodollar.
Until there is a challenge to US military supremacy, we will continue to enforce our national interests through trade policies via military force, if necessary.
edit on 22-3-2013 by CommanderCraCra because: (no reason given)
It is always difficult to have a
discussion on the topic of WW II
Germany, and Hitler, without having
emotions run high. And understandably so. We do not believe
that there is a world plot in place by
those of the Jewish faith to dominate
the world. We do however suspect
that there is a plot in place by the
major financiers and financial
institutions, to control. We don’t
necessarily agree with all the points
made in the article you are about to
read, but it certainly does raise some
interesting points. We offer this
article to our readers as an alternative
viewpoint, intended to stimulate
Money reform advocates today tend
to argue that the solution to the
country's financial woes is to return
to the "gold standard," which
required that paper money be
backed by a certain weight of gold
bullion. But to the farmers and
laborers who were suffering under
its yoke in the 1890s, the gold
standard was the problem. They
had been there and done it and
knew it didn't work. William
Jennings Bryan called the bankers'
private gold-based money a "cross
of gold." There was simply not
enough gold available to finance the
needs of an expanding economy.
The bankers made loans in notes
backed by gold and required
repayment in notes backed by gold;
but the bankers controlled the gold,
and its price was subject to
manipulation by speculators.
To remedy the tight-money problem
that resulted when the Greenbacks
were halted after Lincoln's
assassination, Coxey proposed that
Congress should increase the money
supply with a further $500 million
in Greenbacks. This new money
would be used to redeem the
federal debt and to stimulate the
economy by putting the
unemployed to work on public
projects. 8 The bankers countered
that allowing the government to
issue money would be dangerously
inflationary. What they failed to
reveal was that their own paper
banknotes were themselves highly
inflationary, since the same gold
was "lent" many times over,
effectively counterfeiting it; and
when the bankers lent their paper
money to the government, the
government wound up heavily in
debt for something it could have
created itself. But those facts were
buried in confusing rhetoric, and
the bankers' "gold standard" won