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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: denizen48 who wrote (126184)	11/2/2012 1:41:50 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

Harry, they've sold you a bill of goods. The working man's wages NEVER inflate as fast a the cost of living. I promise you that the financial and currency games played by the elite benefit the elite, not you and me. The only solution is currency freedom. The challenge now is that we're too far gone. We're so mired in the debt based economy that it does appear the only solutions that people can tolerate is more debt to solve debt crises. Ultimately, this problem will be solved, either in a controlled and deliberate fashion by the people, so that a minimum of pain is sustained, or forced and fast in an implosion driven by market forces beyond our control. I prefer the former. If I had enough political clout to move us in a direction consistent with my beliefs, I would move over time to abolish the Fed and allow freely floating currency and interest rates, while making legal any currency as a medium of exchange, including precious metals or clam shells if that's what the people want. I'd limit government involvement in currency to enforcing contracts. If the contract says you own me 100 clamshells for the house I sold you, then that should be enforceable in a court. If it says, 100 ounces of gold, then likewise. Why should the government form laws that say that only their fiat currency is legal tender for contract enforcement? I'll tell you why. They want to engage in stealth taxation through inflation....without representation. It is what our Founding Fathers fought against the British for and enshrined in our Constitution. Anyway, yeah, I know a bit about money, it's history, and how economics and monetary scientists grew out of the need to figure out how to control this big beast called fiat currency that bankers created to rule the world with. Sounds extreme, but it is the truth of what is really going on. Money rules. Everyone else are just puppets that the monied interests prop up for their purposes. At one time, we were different in this country, but that is no longer the case.