PRESIDENT GEORGE W. BUSH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CYBERKEN who wrote (274372)	7/13/2002 5:07:38 PM
From: Mana	Read Replies (1) of 769670

Ken, I usually agree with you about 90% of the time. However, I guess this is one of those times that belong in the 10% range. I just can not see how you can have a weaker monetary system than one based on fiat money. We use to have our currency backed by gold and silver, but no more. Our founding fathers saw the great price we pay with fiat money. That is why they put Article 1 section 8 clause 5 and Article 1 section 10 clause 1 into the Constitution. I don't it is fair to categorize people against the banking system as conspiracy theorists. Since the colonial times, there has been many battles against fiat money. In the times that fiat money was abolished our country flourished. I would be interested in hearing your reasons in favor of a central bank and fiat money. -Mana

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next