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The Monetary System That Made America Great Is Nonsense [GOLD STANDARD]
Forbes ^ | Dec 10, 2015 | Nathan Lewis

Posted on 12/14/2015 5:38:13 AM PST by expat_panama

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To: Toddsterpatriot; palmer; citizen
they sit on those bonds forever.

made-up digital money. It’s backed by nothing

Hey guys, y'all know perfectly well that dollars are worth lots and none of this goofy "worthless-dollar" talk means anyone's throwing 'em out the window.  A few years ago a couple $thou could only buy one oz. of gold and now it buys two.  Some would call that deflation but us sane folks know that gold's a volatile commodity and big price swings just don't mean much.  What we care about are prices on the stuff we buy (food, clothing, shelter) and they're a lot more stable than they were a hundred years ago. 

We also know that while the Fed issues money, the banks (mostly outside the U.S.) create a heck of a lot more.

41 posted on 12/14/2015 12:05:25 PM PST by expat_panama
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To: Toddsterpatriot

You’re too hard-headed to ever obtain enlightenment. I have laundry.. sorry.


42 posted on 12/14/2015 3:02:52 PM PST by freedomjusticeruleoflaw (Western Civilization- whisper the words, and it will disappear. So let us talk now about rebirth.)
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To: Toddsterpatriot

You simply don’t understand the basics, so a discussion is pointless. Read more, ask fewer questions. Your questions don’t lead anywhere.


43 posted on 12/14/2015 3:05:40 PM PST by freedomjusticeruleoflaw (Western Civilization- whisper the words, and it will disappear. So let us talk now about rebirth.)
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To: freedomjusticeruleoflaw
You simply don't understand the basics,

Basically, you're a clown.

44 posted on 12/14/2015 3:13:23 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot

Ever read the Constitution? If it clearly says that Congress can only use gold or silver COIN as money, why do you think it’s OK for a subsidiary of Congress to print debt notes and declare them legal tender? Believe in the Constitution, or not? I bet it’s not.


45 posted on 12/14/2015 3:18:56 PM PST by freedomjusticeruleoflaw (Western Civilization- whisper the words, and it will disappear. So let us talk now about rebirth.)
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To: freedomjusticeruleoflaw

Cut and paste the section you feel proves your claim. Then I’ll point out your error.


46 posted on 12/14/2015 3:48:04 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot

Cut and paste the Constitution... Nice. How old are you?


47 posted on 12/14/2015 6:17:26 PM PST by freedomjusticeruleoflaw (Western Civilization- whisper the words, and it will disappear. So let us talk now about rebirth.)
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To: freedomjusticeruleoflaw
Cut and paste the Constitution...

You can't find the part that proves your claim?

That's funny.

48 posted on 12/14/2015 6:37:58 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: freedomjusticeruleoflaw
Cut and paste the Constitution

You seem to be having some difficulty. Hope this helps.

Section. 10.

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

When you get a chance, please let me know if this includes the portion you feel proves your claim.

49 posted on 12/15/2015 10:25:51 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot

If you can’t read plain English I doubt that my input would help. Read the Federalist Papers (you haven’t done that?) to discover what the Constitution means.


50 posted on 12/15/2015 11:07:57 AM PST by freedomjusticeruleoflaw (Western Civilization- whisper the words, and it will disappear. So let us talk now about rebirth.)
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To: freedomjusticeruleoflaw
If you can't read plain English

I can read plain English.

Ever read the Constitution? If it clearly says that Congress can only use gold or silver COIN as money,

I read your claim. If you ever post your proof, I'll read that too.

Read the Federalist Papers (you haven't done that?) to discover what the Constitution means.

If you feel some part of the Federalist Papers proves your claim, copy and paste it.

Unless you can't read plain English?

51 posted on 12/15/2015 11:41:31 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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