The central bank-managed, fiat paper money systems that rule the world's economies should be abolished. The free market can meet our monetary needs just as it does other consumer demands - and it can do so without currency devaluation or the boom-bust cycle. The classical gold standard "failed" because government wanted money it could inflate at will. Bankers wanted a monopoly cartel that would protect them from the fraud of fractional reserve banking. Thus, Americans were handed the Federal Reserve System in 1913. War, inflation, and depressions have been with us ever since.
It shouldn't be this way.
Subscribe to:
Post Comments (Atom)
The State Unmasked
“So things aren't quite adding up the way they used to, huh? Some of your myths are a little shaky these days.” “My myths ? They're...
-
The future will be far more surprising than most observers realize: few have truly internalized the implications of the fact that the rate ...
-
Bad ideas are sometimes the hardest to de-throne. It’s probably accurate to say most people think of money as the paper currency printed...
-
I’m sure there will be some shocking events in 2018, but I have no idea what they will be. There are too many wildcards in the mix, with o...
No comments:
Post a Comment