Posted on 04/22/2016 5:10:50 AM PDT by expat_panama
Tx! [downloading the video] Love the title: Trump: Don’t break up big banks, get rid of Dodd-Frank
Like I always say, Trump really does have a lot on the ball...
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.
https://www.yahoo.com/news/trade-deal-foes-plan-major-german-rally-eve-052441697.html
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