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Vexari

08/05/10 10:05 AM

#10159 RE: IxCimi #10158

under a more sound monetary system -- i.e., a gold standard


I am beginning to sway from the gold standard idea EXCEPT as preserver and retainer of value.


in order to preserve and retain value gold would have to be stored for validation

linking a series of precious metals

would be a more realistic approach

rather than gold only

either way

the dollar would be backed and a sound monetary system established


this, in and of itself, would eliminate the allure from central bankers

the profits would not be there for them

fiat can not be generated at all..


they would have to find another country to pillage

noval thought..

Zorro

10/06/10 6:20 PM

#10194 RE: IxCimi #10158

The difference is, WHO controls the money supply?

Rothschild had that figured out from the very beginning.

Money's ONLY true purpose IMO should be for the facilitation and growth of commerce through a barter system whereby money represents earned credits from tangible goods produced/ services rendered, and traded/exchanged, NOT for the creation of wealth through a credit system.