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To: Tax Government
I'm posting facts.

Facts DO matter!

If you'd like to disengage,I'll stop posting facts ,until the next time you want to do your goldbug routine. :-)

249 posted on 07/12/2004 12:57:23 AM PDT by nopardons
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To: nopardons

I am posting the facts that:

1) The currency is deliberately corrupt, and will remain so for the foreseeable future because both parties want it that way.

2) The Constitution is not being studiously not enforced, and its key provision requiring a gold-backed currency, flouted.

3) The nation is destined for perpetual inflation as a result, and its citizens for increasingly lifelong indebtedness.

(All accessories to and apologists for the economic crimes of FDR, please take a bow.)

The constitution requires a gold-backed currency, since gold, unlike Federal Reserve "dollars", CANNOT be manufactured by an accounting trick, out of thin air.


255 posted on 07/12/2004 1:04:20 AM PDT by Tax Government
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To: nopardons

How exactly is it "easier" for government to devalue gold than it is to print paper rectangles?

The only way to lower the price of gold is to restrict the money supply...shut down the printing presses and reduce the number of dollars in circulation.

In case you haven't noticed, the opposite is happening today. When you increase the amount of anything in circulation, its value drops.

Government can't print gold.


280 posted on 07/12/2004 3:25:10 AM PDT by Capitalism2003 (America is too great for small dreams. - Ronald Reagan, speech to Congress. January 1, 1984.)
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