livingnote
Well-known member
Anyway, enough doom&gloom for me, time to build something ;D
Steve Jones said:The global warming hoax seems to be pretty much along the lines of that document, the biggest piece of social engineering of modern times.
livingnote said:Anyway, enough doom&gloom for me, time to build something ;D
State acquired some gold, kept it in its safe and printed the banknote against that gold.
livingnote said:State acquired some gold, kept it in its safe and printed the banknote against that gold.
State doesn't print anything. Private bank prints stuff and lends it to state, and adds interest. State guarantees, in return, to pay interest via tax revenues. But since states don't print their own money, they go under in debt, how should you pay debt + interest on a currency you borrow but can't print yourself?
JohnRoberts said:Re: capitalism, free markets, and regulation. Capitalism and free markets are the most effective way to create wealth.
ENS Audio said:JohnRoberts said:Re: capitalism, free markets, and regulation. Capitalism and free markets are the most effective way to create wealth.
Thats exactly what I mean is do you see capitalism and the free markets as on type of "model" or as what I believe came later on under the name "Capitalism" as a "guise"/ a "ruse" to reinitiate the Lord/Serf landowner system that was so predominant in Russia and in Europe during a period of time in which people under the "free market" were no longer servants of oligarchs or rich nobles and landowners but were actually owning their land and businesses..thus sprouting small/independant communities in which could control trade and finances according to their own terms...but the experiment went terribly wrong or was it doomed to start with???
Did the remaining ruling elite fear that through the complete freedom of the "free market" that they would no longer be relevant?? Or did issues such as trying to function in a "post Civil - War era" (US folks) without the use of slave labour compromise the experiment?? Or was it issues such as Unions and the Federal Gov and the march towards Socialism in which "Conservatives" like to rant on about???
Or....Fudge it who cares?? I dont know why I find such interest in a subject that I find to be so boring and lame?? ;D
Greg said:Money Supply:
http://bigpicture.typepad.com/comments/2005/11/chart_of_the_we_2.html
(I tried to just post the chart but it wouldn't work)
After reading and attempting to comprehend the rapid increase in the money supply, I started buying gold in the high $700s... it closed at $929 per ounce Friday. I'm not telling anyone to buy gold, but it has been a much better place to help preserve the few bones I have stashed away.
I do not think Fractional Reserve Banking is wise.
Enter your email address to join: