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Originally posted by ren1999
< snip > ...But on many things, I don't agree with Ron on.
Originally posted by backinblack
reply to post by president
That is called an "illegal protest" and it will give them the excuse they need to send in the riot police and even the national guard if necessary.
All of whom are taxpayers like the rest and see their hard earned dollars disappearing just as fast as the rest while services plummet and endless wars drain the economy into ever increasing deficits..
So how many of these riot police and national guards do you think will actually turn against their own if the time comes??
Originally posted by Finalized
Originally posted by ren1999
< snip > ...But on many things, I don't agree with Ron on.
I'm always interested in this statement when people make it. Can you expound on your disagreement with Ron's beliefs in a verbose manner?edit on 6/2/2011 by Finalized because: (no reason given)
Originally posted by vkturbo
reply to post by gorgi
Gorgi you are completly wrong with your thinking do you have any idea how money was first done when there was no federal reserve? Leaving the power/Strength of your country in the hands of a private institution is a very bad idea you open yourself up to mass manipulation. Hell look at the silver market at the moment it is being played with a hell of a lot.
Also to your comment oil was high then dropped, do you have any idea how the market works it is quite simple really. If you have a product that everyone wants the price goes up as it is in huge demand once that demand goes the price drops. This is why oil dropped and was high China was driving the price through it's growth and in turn every country buying from China was helping that along then when the GFC came along no one had money and then there was no demand. Very easy to see how things work if you choose not to be ignorant of the simple way. Now as for silver and gold these will not drop for a long time only due to the fact that with the American dollar having so much uncertainty.
Now the reason it hasn't happened yet is due to the reserve status as long as that is there it will be fine because countries have to change their currency to buy whatever commodity is in American dollar pricing.
But I can assure you due to printing of more money to pay debt is a bad idea because you are printing more money. Money works the opposite as what i have described above as does silver and gold while everyone is worried about the American currency no one is selling their gold so less gold is available. This is also how the silver market is being manipulated due to your big banks selling silver certificates for silver they don't actually have. So once you reach a point where you have to much of your currency out there it will just happen in a split second the value would drop overnight.
Just remember it was only 60 years ago the Britain lost it's reserve status and do you remember how the Americans got theirs in? They bought all of Britains debt and bailed them out. What do you think China is doing to you lot now? Also why do you think China hasn't sold it's bonds yet they don't want their share to be worth nothing.
Also don't forget the money in your wallet is only worth what it is due to you and everyone else believing that is what it is worth. If government started their own currency they could get it in check by only having so much per capita also they could just say the old money is worth nothing this is what we use now. No idea who will become the reserve currency but when it changes we are all screwed not just America.
To stimulate a currency you want to give tax cuts and have more disposable income for families this starts people going out and buying and starting an economy and money is evenly spread not put into certain pockets of self interest that creates a bubble if you go and read and learn what triggers things and the cause of many things and how they used to be done you might see the FED is not needed and if certain government programs are cut less tax is needed not hard look at the bigger picture not at what is just in front of you.
Recommend watching a documentry called money masters on you tube goes for 3.5 hours you might learn a thing or two I most certainly did and opened my eyes at some of America's history too.
Hope I have explained it fairly clearly if not let me know what you are stuck on.
Originally posted by ParAvion
reply to post by ModernAcademia
The Fed and a one mister Bernanke seems increasingly dedicated to collapsing the US currency.
I can see the USA becoming the Latin America of the 70's and 80's.
Originally posted by haarvik
reply to post by gorgi
Try looking at the exchange rates. Other currencies are worth more than the dollar. I can't remember which country, but a year or two ago, Russia maybe, started converting it's dollars into euro's. More nations do this and yes, our dollar will be worth nothing.
Originally posted by Navieko
Originally posted by TheEndisNigh
You hit the nail on the head. Ron Paul is a confirmed master mason. Sorry to disappoint all his followers, but he is just another fraud.
Really? Confirmed by who? ...and with what evidence? Sorry to disappoint YOU, but your going to have to a lot better than that to convince those that actually have a clue about the guy. I smell another fraud alright, but it ain't Ron Paul.