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Politics : Welcome to Slider's Dugout
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To: RonMerks who wrote (7254)12/10/2007 3:57:20 PM
From: pogohere   of 50748
 
I watched the segment you highlighted.

There's "fiat," and then there's "fiat," eh Ron! The Greenback was fiat currency, but it served its purpose very well.

That's the point I was trying to make here:
Message 24100960

Many attack the notion that government created fiat is bound to be disastrous and inherently bad. This is very poor money science and historically inaccurate.

The anti-big gov forces invariably fail to point out the disaster that privately controlled fiat is. We need to wrest our monetary system out of the hands of the private bankers and back into public hands. Certain schools of economics that promote anti-gov positions and "free trade" are wolves dressed in sheep's clothing.

I haven't seen all the video, but I like what I've seen. Thanks
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