Patty wrote:
The dollar has failed 3 times in the last 100 years. It is just the nature of fiat currency as it is structurally a Ponzi scheme.
It failed in 1914,1939 and 1971. The dollar got so bad by 1979 that no one wanted our debt (T bills) after we went off the gold standard that the government had to back them up with Swiss Francs. Yes every time there was a tumultuous period. The problem is that the policies used to fix the problem in the past are not available due to changing the currency structure to paper over the problem. Like the depression. By 1939 rolled around and nothing had worked to pull us out of the depression their only recourse was to devalue the dollar against gold from $20.67 to $35.00 an oz. It mght help to set the gold price at around $7,000.00 but we are no longer on the gold standard and would be no guarantee. All nets have been used and damaged against the coming fall but we woul;d survive.
The dollar has failed 3 times in the last 100 year... (
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Just how does changing the value you put on what you think or any one thinks is the value of gold. The average person is still under the control of the person who has the gold.
So if I have no gold why would I ever want to play the money
game with some one that will still just pick my pocket?
Those that have the gold can & would change the price of good to suit them self. You would have to trust that they will be fair & see that there money flows freely & has a steady value. Behind it all you would have to trust those that have the gold.
So I keep saying it is all about trust. So if we can have trust with others we can use just our good word & trust to put value on any thing. That is as long as it is debt free & backed by the people in general. Just see that there is enough But not too much.
It would be no different than what we have now but we would not be more in debt because we needed more money to cover the money need to conduct our transactions.
We need a way to conduct our transactions with some thing that we don't (have in a sense to rent the money) needed to complete the transaction. Money we all pay for on all transactions.
I would need for some one to tell me why we need to pay some one just so we can have a supply of money that is backed by us. Just who are these people & just what do they do with this money they put in their pockets so to speak.
We need to see just what real value we are getting for what they provide.
If we are truly going to be free we need to get this thing off our backs.
I am old & my days are dwindling down. There is little but talk that I can do, but there are more & more young people cut off from not being a true part of the system who have little to loose & for the most part just to be a part of the system.
So here we are in the middle with people on both sides of us bent on destroying the world.
Wake up people & see that we need the system to find a way to draw more people in to the middle.
Just making a few richer is not going to make the world better for you & I. Greed is killing what could be a good life for most.