Silicon Investor (SI) -- The First Internet Community

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 : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (7655)	1/27/2012 9:12:15 PM
From: grusum	Read Replies (1) \| Respond to of 85487

re the 13th amendment: sorry, i meant to say the federal reserve act which was signed in 1913. How can you not have the government involved and have the fed. you can't. but you can have the government involved in creating a currency and still have a free market in money. How can you have a fiat currency without government involvement. you can't. the whole point of a fiat currency is to have one that represents the whole nation. only the federal government has the power to create a national fiat currency. they let reserve banks run it to supposedly stop any federal influence. a fiat currency doesn't interfere with any free market. i'm not saying our currency is being run correctly. i've told you over and over that i don't think it is. i just don't think it should be scrapped. instead, we should get people that would manage it correctly. yes we have a common currency and it would be better if we could keep it.