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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Joe S Pack who wrote (83384)11/20/2011 9:16:21 PM
From: TobagoJack  Read Replies (1) | Respond to of 217591
 
fiat money fractional banking is just fantastic

keeping going round and round

as long as we do not treat money as store of wealth, the math is easy to understand

and, frankly, money should not be a long term store of wealth, else it just stops flowing after a bit

money must be flowing, and so money must be paper

whether folks like it or not, their money 'savings' shall be tee-ed continuously, drained, leached, let out, emptied, for the greater good

and if they do not like such construct, they can buy gold with their money and take excess capital out of circulation by mineralization, and stop surplus savings from being mobilized by putting to sleep the solidified savings

the issue in usa is not about paper money, as the issue in china is not about money that is paper, but about the financial class looting all other classes via derivatives constructed on top of and all around paper money

there is not a financial class in china to speak of, whereas the usa government is hijacked by its weighty financial class

historically there is only one way to get rid of a class of citizens

let us watch and brief