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To: thoughtomator
Markets do not at all need governments to coin money or to regulate the price thereof

That's been said before on the FR and it's so extreme it usually ends the chat. 

Thing is that we're now talking stuff that ether requires amending the U.S. Constitution or maybe that anarchy you just said you don't want.  I mean, you're saying you don't like what everyone else has wanted for centuries and you're not saying what you do want.   This makes your statement useless as it is.

40 posted on 04/22/2016 1:57:33 PM PDT by expat_panama
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To: expat_panama

The only thing extreme here is your ignorance.

The fiat-paper money we have now has not been demanded by anybody, and it in fact represents a relatively recent betrayal.

Historically the US dollar was backed by silver and gold. Today, it is backed by debt. The transition is as recent as 1971, when Nixon closed the gold window in response to French demands to get their gold back.

Backing currency with debt is the extreme position, and saying anyone but the banks and the government wanted things this way is completely unfounded. At no time ever has there been a popular movement in support of debt-backed currency.


42 posted on 04/22/2016 2:02:19 PM PDT by thoughtomator
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To: expat_panama
The world is so interesting and this is right up your ally. Enjoy!
https://www.yahoo.com/news/dutch-students-open-worlds-first-pop-drone-cafe-110108318.html
45 posted on 04/23/2016 1:17:07 PM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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