Free Republic
Browse · Search
General/Chat
Topics · Post Article


1 posted on 05/31/2011 5:27:36 AM PDT by wendy1946
[ Post Reply | Private Reply | View Replies ]


To: wendy1946

B.s.


2 posted on 05/31/2011 5:31:11 AM PDT by raygunfan
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wendy1946
We understand economics better than anyone on your side of the aisle... you wh0re for satan (to the author of this hit piece)... it is your people and those rinos that agreed with them that have destroyed our economy and refuse to deal with the reality that socialism and communism do not work and you can't tax enough to pay for a debt that is more that we earn. You stupid vapid wh0re for marx... you should be in jail with the rest of the organized criminals that run the asylum called DC.

LLS

3 posted on 05/31/2011 5:38:48 AM PDT by LibLieSlayer ("If you lie hard enough and sell your soul... you can scam your way to the top" barack obama)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wendy1946
Some points that came up while reading:

* Sarah Palin is not a populist. She is a Conservative who is popular.

* The word is spelled 'orthogonal'

* Money differs from currency in that money must be a store of value. Therefore only Gold and Silver are true money.

* Everything else that pretends to be money is in fact some form of IOU. This is why Gold and Silver are the only legal forms of money according to the Constitution. Letters of credit such as today's non-Gold-backed FRN (Federal Reserve Note, also known as the dollar) are explicitly unconstitutional.

* There was a Supreme Court case in 1884: Julliard vs. Greenman: where the decision gave the Federal government justification to create a fiat currency. Since this decision went unchallenged it is now considered settled law - despite the fact that it is in direct conflict with the Constitution which forbids States from using anything except Gold and Silver as legal tender. This decision effectively made new constitutional law out of nothing.

* Alexander Hamilton was an interventionist and a protectionist: yet he certainly did not believe in nor did he advocate perpetual debt as the foundation of a currency supply.

* Fiat is the money currency of slaves. After the great devaluation (sometime later this year) everyone in America will know this. Buy Gold and Silver. Your liberty depends upon it.

5 posted on 05/31/2011 6:16:16 AM PDT by agere_contra ("Debt is the foundation of destruction" : Sarah Palin.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wendy1946

There is no reason in the world to pump money out like toilet paper to create more money - forced inflation. If there were a fixed suppy of cash, it would simply deflate with tme as the economy grew which is a good thing.


6 posted on 05/31/2011 6:20:20 AM PDT by DaxtonBrown (HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wendy1946
WRT to how Republicans vote on raising the debt ceiling to allow the Rats to continue raping and gutting our country:

HE WHO GETS ROLLED GET PRIMARIED!

9 posted on 05/31/2011 7:01:31 AM PDT by Sal (Islamo Bamma is the star, writer, director and producer of AS THE WORLD BURNS.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: wendy1946

Fiat currency is a currency that a government has declared to be legal tender despite the fact that it has no intrinsic value and is not backed by reserves. Fiat money is soley based on faith. As in “The full faith and credit of the US govt”.

The thing that kills fiat currency is hyperinflation. As the US government continues to increase our debt and print (Devalue) more of our fiat currency, inflation increases until finally it kills the currency altogether. Every fiat currency ever introduced since the beginning of civilization has failed. Ours will also fail and increasing the debt will just hasten its demise.

Buy fractional gold and silver.


14 posted on 05/31/2011 1:49:38 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


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