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Re: Investor2014 post# 192631

Monday, 05/13/2019 6:59:17 PM

Monday, May 13, 2019 6:59:17 PM

Post# of 461415
It is impossible to regulate what is legalized fraud. The banks take your deposits and claim that you can get them at any time but then they go home loan them out. Therefore your deposit isn’t there. Then they get the government to promise you you’ll get your money. Now we got the government involved. They can be bought by the people who they are supposed to regulate The money the banks went out can then be deposited in that bank or another bank and Henry loan each time increasing amount of money in the system in the amount of debt. It’s a completely insane system the founders knew it that’s why article 1 section 8 of the constitution says that the states show except no thing in payment except golden silver coin. There is a tremendous brainwashing operation that tells everybody this was a horrible system. The system worked beautifully from the fall of Napoleon until the governments just started issuing plain old paper to pay for World War I and the millions of deaths and resulted. We are now on our third or fourth depending on how you look at it national banking system that was the first national bank which was unchartered by Jefferson. Then the first Democrat Jackson got rid of the second national bank he campaigned on that. So from Jackson until Lincoln we had completely free-market banking. I want to ounce coin was gold miners would take their goal to the meant and get back there coins. The coins were deposited in the banks and the banks could issue $20 notes for each pound each banknote had the banks name on it holder of the note go to the bank and get the goal if the bank was in Wyoming and you were in Boston you could go to the Suffolk back which kept an eye on the banks in the backwoods and had them leave some Gold so that you could get your gold for your bank note from Wyoming. The Suffolk Bank basically was a market clearing bank. The ability to redeem gold in the world the legal system that severely punished banks that printed more paper than gold allow the system to work beautifully in the country to prosper massively from 1837 to 1862 canals were built railroads were started telegraph lines for Ron and it was the beginning of the development of the middle class System worked and could work again but there’s so many dollars out there and there’s so little gold behind them that in their system might start at $10,000 an ounce. Or better yet and this is probably the way it’s going to go they have to keep printing more in more money to pay all the debt to the government and to rescue all the banks from dad investments that eventually the world will decide or not people will start to understand that eventually the money is going to become worthless once that process gets firmly attached in peoples minds they tried to get rid of the cash as quick as possible. Thus we may have a run to Gold or in my opinion most likely a run to bitcoin. Hopefully this will be a peaceful transition Big coin hey save us from the fate of the Roman empire which was basically destroyed by unlimited issuance of near worthless coins with almost no precious metal in them The coins were backed by crucifixion in the end it didn’t work in 1000 years of dark ages in suit. Hopefully this time bitcoin will save us from that state
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