109 pts ยท August 23, 2013
I agree with you.
Ron' Paul's better.
Jiu jitsu is pretty fun
And find some useful hobbies to do
I asume you have Google too. I understood you, now see if you can understand me. If you don't have patience, why should I...
Here's an example of why our money will fail http://dailyreckoning.com/fiat-currency/
http://www.usconstitution.net/xconst_A1Sec10.html
USD, The one in the picture. Hold on I'll cite the law affecting this. They arent that stable tho friend.
Mm but don't miss the basic point. While the currency is increasing, the central bank is literally taking ownership of chucks of our wealth
Our currency is legally (by law) supposed to be backed by gold or silver cuz precious metals don't usually change much in value.
That is look at the price of gold for the last 100 years and you'll see what I'm talking about.
It's based on the price of gold and the amount of currency in circulation. It's closer to 70 times diff I went w 60 to stay low
..dollars get into circulation? :) they couldn't just print them then burn them. Someone spent them you see. I wanna know who spent them.
..that would make each of our dollars worth 1/60 of what they were worth before, if we saved them. But more importantly, how did the new ..
...Here's my query. Let's say for every one dollar in circulation, over the years, they printed out 60 more dollars for each dollar..
I see I see :) I have some leftover macro econ understanding. I saw the purpose of the current scheme. I'm pursuing a diff angle tho...
That the dollar is only worth a fraction (1/70th) of its original value, cuz someone keeps printing dollars and spending them.
Which is probably a treasonous law itself since the 14th amendment exists to make sure laws don't favor certain people
I already know. The knowledge is for you to see what you don't see yet.
And rome? And how does the money supply grow?
What happened to Romes currency during their empire, and how is their currency different than our dollar? And how do you inflate currency?
In 1970 I could buy an ounce of gold worth 30 of these dollars. Why is the price of gold different now?
Lol in exchange for not gold. For what then?
It's likely some peeps are getting paid $20 an hour for that job
Didn't get me this time, it loaded too slow :)
Yeah because free elementary school couldn't do it, huh
Of course we would say this imgur. -_- and you are top comment. Are we the Trump of the internet?
It is possible to do things wrong for more than 100 years in a row. See the fed reserve, racism, etc
I agree with you.
Ron' Paul's better.
Jiu jitsu is pretty fun
And find some useful hobbies to do
I asume you have Google too. I understood you, now see if you can understand me. If you don't have patience, why should I...
Here's an example of why our money will fail http://dailyreckoning.com/fiat-currency/
http://www.usconstitution.net/xconst_A1Sec10.html
USD, The one in the picture. Hold on I'll cite the law affecting this. They arent that stable tho friend.
Mm but don't miss the basic point. While the currency is increasing, the central bank is literally taking ownership of chucks of our wealth
Our currency is legally (by law) supposed to be backed by gold or silver cuz precious metals don't usually change much in value.
That is look at the price of gold for the last 100 years and you'll see what I'm talking about.
It's based on the price of gold and the amount of currency in circulation. It's closer to 70 times diff I went w 60 to stay low
..dollars get into circulation? :) they couldn't just print them then burn them. Someone spent them you see. I wanna know who spent them.
..that would make each of our dollars worth 1/60 of what they were worth before, if we saved them. But more importantly, how did the new ..
...Here's my query. Let's say for every one dollar in circulation, over the years, they printed out 60 more dollars for each dollar..
I see I see :) I have some leftover macro econ understanding. I saw the purpose of the current scheme. I'm pursuing a diff angle tho...
That the dollar is only worth a fraction (1/70th) of its original value, cuz someone keeps printing dollars and spending them.
Which is probably a treasonous law itself since the 14th amendment exists to make sure laws don't favor certain people
I already know. The knowledge is for you to see what you don't see yet.
And rome? And how does the money supply grow?
What happened to Romes currency during their empire, and how is their currency different than our dollar? And how do you inflate currency?
In 1970 I could buy an ounce of gold worth 30 of these dollars. Why is the price of gold different now?
Lol in exchange for not gold. For what then?
It's likely some peeps are getting paid $20 an hour for that job
Didn't get me this time, it loaded too slow :)
Yeah because free elementary school couldn't do it, huh
Of course we would say this imgur. -_- and you are top comment. Are we the Trump of the internet?
It is possible to do things wrong for more than 100 years in a row. See the fed reserve, racism, etc
It is possible to do things wrong for more than 100 years in a row. See the fed reserve, racism, etc