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The gold standard will precipitate a massive deflation. The ensuing chaos will help usher in their coveted New World Order and World Currency.
It helps the Money Power in its plan to bring the US down a few notches, which is indispensable to World Government.
But the decline of the dollar is only part of the story. The dollar is only the current vehicle the Money Power uses to rule international finance. It doesn't care for the vehicle itself, as long as it has a suitable successor and that will be Gold.
The onslaught by Austrian Economics in the Alternative Media comes to mind. And Ron Paul of course. He openly calls for Gold as currency. In this respect, he clearly is the ultimate internationalist candidate. This contrasts sharply with his patriotic 'constitutionalism'.
Originally posted by Wrabbit2000
I sure hope someone thinks to peak into places like Fort Knox and the Fed Reserve vaults to confirm that Uncle's gold is still safe and sound, where we all assume it is.
This October, bankers in Hong Kong were in for a rude shock when they discovered some gold bars from the US to be actually gold plated tungsten i.e., fake gold bars.
Originally posted by Ghost375
There's just not enough gold on this earth to return to the gold standard.
What we need is a sound money system that isn't controlled by __________.
Article I, Section 8 of the Constitution grants Congress the power “To coin Money,” but nowhere is the word “money” defined in the Constitution.
Originally posted by CaptChaos
The truth is, gold also has no intrinsic value. Why is it worth so much? Mainly because it does not deteriorate, so lasts forever. And it's somewhat scarce. Other than that, it's shiny. Wow. It's soft and weak. Steel is much more valuable, since you can MAKE THINGS OUT OF IT.
Originally posted by Bilder
Well the constitution doesn't actually say money has to be backed by gold which i find odd that Ron Paul has never mentioned
fauxcapitalist.com...
Article I, Section 8 of the Constitution grants Congress the power “To coin Money,” but nowhere is the word “money” defined in the Constitution.
But i believe it does has to be backed by something of value