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

To: Road Walker who wrote (132738)	4/5/2013 10:50:33 AM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

I know. Just call me, DQ. :) When and where have we seen what I describe? Across most of history, we have seen the rise and fall of stable money, primarily through the public use of gold and silver. Money has become unstable only when governments get involved, from Roman times to today. Governments know how to do only one thing when it comes to money and that is debase it, as a means to confiscate wealth from the masses, instead of overtly through taxation. Inflation is always the first and best choice of governments because it is politically expedient. Only a few fools like me and Ron Paul know enough and care enough to rail against it. Most people go about their happy business, never realizing how destructive it is, as they run on their hamster wheel never getting ahead and never curious enough to know why. The folks on this thread are by and large the wealthier set in society. Most people don't have the time to engage in academic debates on threads like these. So we can pat ourselves on the back and feel lucky. But let's not forget that governments cause inflation through money printing and they are at the root of the problem, not the free market. Think of it this way. The free market came up with bitcoin. Ask yourself why there is demand for such a medium of currency? Yes, criminals use it, but why would honest citizens want to use it? How could it have benefited Cyprus citizens, you may want to ask?