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Originally posted by daskakik
The world is much bigger than the US and the wealthy have already moved their wealth into other nations. The US may or may not implode, personally I don't think so, but even if it did it won't really affect the real wealthy.
The government will never be out of the way because even if the federal government is out every other instance of government from the state on down will see how they can make the market work in their favor.
Originally posted by mnemeth1
The State's don't have printing presses.
At least not yet.
When the chaos is unleashed, it is of primary importance that private mints be the only ones allowed to issue gold backed currency.
If the state government's get their paws on the printing press, it is only a matter of time until we experience another monetary failure.
Keeping the currency backed by a commodity makes it vastly more difficult for the government to loot people, because then the people can plainly see just how much is being stolen from them.
Originally posted by daskakik
Printing money isn't the only way to control the market. They can control the resources, the rights to work the resources, the right to sell the products that are produced placing limits, licenses, taxes or right out outlaw certain products.
Why would the state government already in power go back to a backed currency if it makes it harder to steal? They would probably just keep on doing what the fed has done then after that is ready to fall they will announce that in order to form a more stable economy forming a union with other states.edit on 16-2-2011 by daskakik because: (no reason given)
Originally posted by mnemeth1
Indeed, violent control of resources by the criminal government is problem that needs to be addressed. Which again, is why I take the position that no State is the only plausible solution.
The government will go back to a commodity backed currency because the people will demand it after they see what has happened when government was given control of the printing press.
You are forgetting that the dollar is going to end in chaos because the government will not stop issuing debt (printing money).
When a loaf of bread costs a hundred bucks, you'll see people rioting to go back to the gold standard.
Originally posted by daskakik
reply to post by mnemeth1
That is exactly what I have been hearing for 30 years and according to the old lit it's been said for at least 40. If anything like that were to happen it would be a means to an end. Probably the NAU or even a one world currency or government. I don't have a problem with any of those.
Originally posted by pajoly
It is impossible, because today's Right is racist, corrosive and celebratory of ignorance
reply to post by SmedleyBurlap
They, like Mao, like Robespierre and Jefferson, believe that revolution must be unceasing, and that the revolution must be secured by training the public to be good democrats. 'Indoctrination' (education, the mortal enemy of Theocrats) is meant to produce responsible and engaged citizens.