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To: Garth Tater

What I know about economics would fit in a very small thimble, but it seems to me, that since there is no gold standard, then all of our economy is just pie in the sky, anyway, and if Americans ever demanded all their “cash” from their banks or stocks, the entire economy would collapse, and the rest of the world’s, too, because it’s all pretend wealth, except for the few who have actual gold and maybe real estate holdings. (Though real estate would tank, too, if you actually wanted to divest yourself of it.)


17 posted on 12/23/2016 1:42:33 AM PST by Flaming Conservative
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To: Flaming Conservative
It is a false economy, or pie in the sky as you put it. It's created and run by the central banks of the world that are able to create money out of thin air. A good book to read if you want to get up to date on how their pie-in-the-sky economy works is The Creature From Jekyll Island
21 posted on 12/23/2016 2:02:23 AM PST by Garth Tater (Return to sound money and Constitutional governance.)
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