Stop The New World Economic Order

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1. I agree with you 100%. The only thing I differ with is that this money crisis is no accident. that has accidently got out of hand. This has been a master plan for many, many years. Our founding forefathers warned against this type of banking, and having others controlling our money, like the Federal Reserve, which is NOT our Federal government, but a group of private bankers.
2. Thanks again for doing this!
3. There can never be "not enough gold". The point is that gold is limited. Gold can be split to ever smaller quantities. We can deal in ounces, gram or atoms for that matter. So there is always enough gold.
4. Thanks for the education and opinion. As long as we agree that fractionalized banking has got to go, I guess the gold standard would be just fine. I think the banking practices are the real culprit.
5. Okay, but I don't want Fed Res Notes at all. The Fed is a private co. I say "we" (meaning the USA) issues a fiat currency, with NO fractionalized banking allowed (meaning a 1 to 1 reserve is required for all lending) and impose STRICT monetary issuance guidelines to replace our debt based system that multiplies our currency every time a deposit is made in a bank. AJ killed the 2nd bank yes... but didn't kill the worst part...fractionalize banking practices.
6. This might sound like a stupid question, but wouldn't we have to have gold to back up all our currency? Also, wasn't there fractionalized banking practices in those other countries where inflation killed the currencies?
7. Great point. Please correct me if I am wrong, but wasn't the Soviet Union under communist/socialist rule at the time? Hopefully, this scenario you present wouldn't be possible in a democractic government with proper regulatory controls. You have given me much to think about. Thanks.
8. What's not crazy is ending the absurd practice of fractionalize banking. Once you get rid of that root evil, you can print with relatively no problems. Take our debt driven monetary system and convert it to a value for goods and services system. No need to add gold or silver into the equation, and in fact, it would just cause other problems, especially if you still have fractionalized banking practices. Also, get rid of this mark to market crap. That is just more bullshit.
9. Yes, and who are the government? Private Corporations.
10. The question is - what would be the value of paper money under a gold standard? Very very little.
11. The present regulatory system is like the mafia running the economy.... right?
12. Gold backing puts the power into the IMF, and with a true free market auto-regulation... then we have just the same problematic elements running everything, which caused the problem in the first place "You don't continue the mistake" - Ron Paul oh the irony!
13. If the emission is controlled by congress, for want of a better system, then it enters the political arena. Whereas now, there is not even an audit! Would you be happy with the IMF regulating the currency? Like the Fed does now? No, neither would I... IMF, Bretton Woods???? Corporate tycoons and politicians???? Now another Bretton Woods??? No way!
14. If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered. -- Thomas Jefferson
15. The power of emission must be in the hands of the People where it rightfully belongs.
16. I am!
17. ok, explain gold-backing and letting the free market regulate itself... That's what it is now, a "free market". epic fail.... Now, they say, oh we don't have a real free-market (no shit)... so let's try having a "truly free-market". Please define this market...
18. exactly
19. you got the first part right - last part is off.
20. hans, am wondering what would be the price of gold if we return to the gold standard?? 30,000 + an OZ.???