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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: abuelita who wrote (2877)	7/22/2002 4:43:29 PM
From: Jim Willie CB	Read Replies (6) \| Respond to of 89467

Rosey, I dont have the whole economic piece the Austrian School of Economics is to currency and banking what the Islamic Fundamentalists are to Islam very fundamental in Austrian School beliefs they believe in gold-backed currency and banking, that our system has no right to call itself based on MONEY our supposed MONEY is only legal tender its backing is not with assets, but rather debts it invites disaster every 2-3 generations after accumulation of debts becomes large and prohibitive and service of such debts becomes a major expense so every 60-70 years a depression unfolds maybe you could look around and check to find some links use Ludwig vonMises as a name he is their father / jim