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Re: Pennyland post# 6880

Saturday, 10/11/2008 1:19:36 AM

Saturday, October 11, 2008 1:19:36 AM

Post# of 40775
Get them to the board for discussion. Silver is not a bad idea for currency exchange. However, how many coins do you want to carry in your pocket? How is it going to be valued? If the dollar collapses and other currencies take a hit, how is an ounce of silver going to be valued? What is the order of fairness? Explain that to me.

I'll keep reading and learning more on the topic. We will have to value everything in silver or gold if we go to those measures. So, you go to the grocery store and it would be, 15 grams of silver for a loaf of bread. Is that what they actually want to propose? Bartering could be an option. And believe it or not, that is what is happening.

We have failed our people and our children. This paper money (fiat system of exchange) is a joke. There just needs to be a better concept to arise. What is it going to be? I do not believe gold will be the option, nor silver. There is not enough gold and silver in the world to exchange amongst those who need groceries, and to pay their rent, and to pay their other bills. You see what I'm saying?

The fiat system of exchange was not a bad idea. The bad idea was when we put assholes in charge of organizations who took advantage of the number of dollars, rubles, yen, yuan, etc. . .that made it into their wallets. Tighter control on incomes would be a good start. In my mind, there is no reason for a basketball player to make a million dollars a year. And there is absolutely no reason for a CEO of a banker who controls our money to make over a hundred million dollars a year. You know, that money he is making is coming out of our wallet. What are you willing to pay your banker to compensate you for your deposits? Do you see where the problems are coming from?

Let me know your thoughts.

Peace,
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