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To: Partisan Gunslinger
Paying them for their currency that loses 3% per year (in a good year)

You pay them for currency? How?

We traded even steven currency for labor, services, and goods until they decided to throw in their ever-inflating fiat currency.

Who is forcing you to hold this currency? How?

Now we put our money in a bank and when we take it back out it's worth less than it was when we put it in

That's awful! Who forces you to do that? How?

because they sold fresh currency to dilute the currency that everyone already worked for

You know there are fluctuations, even when the Fed doesn't "sell fresh currency", don't you?

That's slavery.

You're free to hold currency or not. Borrow currency or not. Lose to inflation or gain from it.

You're a slave to your ignorance.

331 posted on 12/31/2013 3:34:04 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
You pay them for currency? How?

They only pay manufacturing costs to the treasury then lend it out at a rate that will cause people to lose the value of their labor at a rate of 3% per year (in a good year).

Who is forcing you to hold this currency? How?

The IRS. They don't take gold, unless you want to sell it to them at the face value of the coin.

You know there are fluctuations, even when the Fed doesn't "sell fresh currency", don't you?

3% is their target. Like a casino, you play long enough and you will lose at the rate of the odds. When the Fed targets 3%, and the life span of a person is 72 years, he will lost to the 3%.

You're free to hold currency or not. Borrow currency or not. Lose to inflation or gain from it.

Not according to FDR, he took everyone's real currency. Plus the IRS wouldn't put up with it.

337 posted on 12/31/2013 4:00:43 PM PST by Partisan Gunslinger
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