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BennyBlanco1986 (December 31, 1969 at 6:59 pm)
oh really? Why don't you enlighten us.
r3dredwine (December 31, 1969 at 6:59 pm)
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!Send To Congress Share With Everyone
dnorrish117 (December 31, 1969 at 6:59 pm)
If you only knew economics
7Hook (December 31, 1969 at 6:59 pm)
The Spain case is a great example of how inflation can destroy an economy. Back then it was huge inflation in the silver supply (which otherwise is nearly impossible to do), while today it is a inflation in the supply of fiat currency (which is incredibly easy to do, and one reason fiat sux).Shows that everyone knows inflation is extremely destructive.
7Hook (December 31, 1969 at 6:59 pm)
That example is a case where the value of silver changed dramatically because large new supplies were found on a new continent. That was hundreds of years ago, the circumstances will not repeat, and silver is still a better form of money than fiat currency. And some people may only be able to afford to accumulate silver, and not gold.
ChelseaPrivateEquity (December 31, 1969 at 6:59 pm)
Some of the comments are out of context of just false. Others are spot on.The comment about silver maintaining its value is an easy one to disprove. When Spain pulled a lot of silver out of the New World the value of silver dropped. They effectively flooded the market so value in terms of other goods and services dropped. Alternatively it could be said that the price measured in silver for goods and services rose dramatically.Gold is more stable than some.
madrugao5am (December 31, 1969 at 6:59 pm)
very good
janclierinck (December 31, 1969 at 6:59 pm)
Chapeau my friend! well done: good explanation, good graphics: a complex issue made simple. I put it on my GoldBounty blogspot com
heydanno777 (December 31, 1969 at 6:59 pm)
Isn't this the 'cinema massacre' and 'angry video game nerd' guy? How many channels and monikers does he have?
madcatzy (December 31, 1969 at 6:59 pm)
Federal reserve = criminals |
