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To: marcos who wrote (69857)	6/29/2008 6:54:40 PM
From: pogohere	Respond to of 74559

"how do you do this though, without backing it up with something substantially material " That's exactly what gets it done: build autobahns, bridges, etc., pay with paper that represents hourly wages, etc., for real production and accept same for payment of taxes. Germany came out of the depression faster than any other western power. And it was not primarily based on military expenditure. Hitler fired his bankers (Schacht et. al.) in 1939 when they wouldn't inflate (print more) for arms. In other words, the actual productivity of the country is what constitutes the reserves of the system when it's not an Anglo-Dutch (A/D) money-as-debt scam. Those A/D guys never put in the reserves they claim will back their system anywho. Didn't do it with the Bank of England and didn't do it with either of the US Banks established to issue currency. The bankers running the Fed finally got rid of gold/silver--it's the traditional MO. Yes, pretty much an oversimplification, but the essence of the thing.