Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Diogenesis

Without property rights, there are no rights. Paper money is only a medium of exchange.


5 posted on 07/18/2014 6:43:50 PM PDT by Bogie
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Bogie

Paper money is only a medium of exchange.

Fiat currency is only a ghost of a medium
a sort of economic simulacrum.


11 posted on 07/18/2014 6:47:15 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
[ Post Reply | Private Reply | To 5 | View Replies ]

To: Bogie

You are one step out of phase..... money today is blips on an electronic ledger. The paper is a manifestation of the electronic ledger entry.

There is little real difference between a $100 bill and a promissory note. Both represent a promise to make adjustments to the electronic ledger


70 posted on 07/19/2014 4:02:20 AM PDT by bert ((K.E. N.P. NEgypt.C. GOPc.+12 ..... Obama is public enemy #1)
[ Post Reply | Private Reply | To 5 | View Replies ]

To: Bogie

rule of law was supposed to be the steel/concrete/rockhard foundation of EVERYTHING....and now we realize that with any political whim, the judges will protect and allow any and all criminal activity to benefit their puppet masters...


79 posted on 07/22/2014 5:07:16 PM PDT by cherry
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson