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re: Facts Most Americans Are Too Fearful to Face
Posted on 8/21/15 at 12:00 am to MustangReb
Posted on 8/21/15 at 12:00 am to MustangReb
Quadaffi and Hussein tried to switch the world currency to gold that didn't workout too well for either of them
2
Posted on 8/21/15 at 12:14 am to CarolinaCock
quote:
CarolinaCock
The fatal flaw of the gold standard is that, under such a standard, the only time new global wealth can be created is when more gold is dug out of the ground.
A nation's wealth under the gold standard is entirely dependent on how much gold it holds in reserve. Thus, when a nation cannot obtain new wealth through trade, it will obtain it through war.
Posted on 8/21/15 at 1:16 am to CarolinaCock
quote:It was just coincidence....you know....Moooslems, and all.
Quadaffi and Hussein tried to switch the world currency to gold that didn't workout too well for either of them
Hey, let's ask JFK how fricking with the Fed worked out for him.
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