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Keyword: trackgold

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  • Economic history repeating itself

    07/21/2010 11:06:45 AM PDT · by horsappl · 8 replies
    Inflation Fears Grow After Fed Prints $1.2 Trillion http://www.cbsnews.com/8301-503983_162-4...03983.html Amendment Slipped Into Health Care Legislation Would Track, Tax Coin and Bullion Transactions http://abcnews.go.com/Business/gold-coin...d=11211611 Flashback: The Gold Confiscation Of April 5, 1933 http://www.the-privateer.com/1933-gold-c...ation.html On June 5, 1933, the United States went off the gold standard http://www.history.com/this-day-in-histo...d-standard Tracking wealth allows its confiscation, by means of taxation. Taxation is a disincentive to own property, and create wealth. Marxists create economic distress. If history provides evidence of failed solutions, repeating those solutions must be intended to bring about failure.