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To: Rusty0604

I can't thank you enough..I'm sure I'm not the only one here on our Train that's very right brained. Great job explaining. I've read certain articles but you on the other hand really broke it down for easy understanding. You are so good in this area ..besides several other areas as well. It really makes sense.

Now I'll show my ignorance....didn't England at one time control the money and some other countries worked together to change it over? I guess now countries are working together to take down the dollar and go to Gold?


410 posted on 04/01/2020 8:52:33 AM PDT by STARLIT (I can't change the direction of the wind, but I can adjust my sails to always reach my destination.)
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To: NIKK

Yes it was, then they dropped the gold standard, borrowed for wars, etc., and it was devalued, and eventually pegged the value to the dollar.

A short history of the British pound

https://www.weforum.org/agenda/2016/06/a-short-history-of-the-british-pound/

The IMF, with the illuminati, is planning a world currency. SDR (special drawing rights) would be given to countries. It is believed how much gold a country has and fiat in circulation may be used to value it. China is very involved in the IMF, another reason I don’t trust them. I can call the Chinese lots of things, but stupid is not one of them.


415 posted on 04/01/2020 9:25:10 AM PDT by Rusty0604 (2020 four more years!)
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To: NIKK

Gold doesn’t lose value, the different currencies change their value in relation to gold. The value of gold and silver you see as Spot prices is very manipulated. When you see coins being sold at a high premium over spot, it’s because it’s the true price. That is happening now.


417 posted on 04/01/2020 9:31:45 AM PDT by Rusty0604 (2020 four more years!)
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To: NIKK

I’ve just always had an interest in economics, especially monetary policies. I don’t care much for the FED.


418 posted on 04/01/2020 9:35:20 AM PDT by Rusty0604 (2020 four more years!)
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