Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Moonman62

By becoming an INVESTOR I am merely perpetuating an already corrupt system. Reform of money can, and someday will, change the world as we know it. Over the course of the last century we have enjoyed vast improvements in productivity through technology. These improvements should logically lead to a slow decrease in the pressure to produce upon each individual in the economy, but, rather than a decrease, we are suffering under an ever INCREASING amount of pressure for growth. This pressure is a direct result of mounting debt burdens spawned by the debt based nature of our currency. This burden will increase until critical mass or such time at the total interest obligation on the aggregate debt load in the economy finally surpasses the money supply and the entire system will collapse.

History records no successful example of a debt based, fiat currency. Not one, ever.

The choice is simple, a just system or an unjust one.


45 posted on 06/19/2007 11:55:55 AM PDT by iconoclast63
[ Post Reply | Private Reply | To 44 | View Replies ]


To: iconoclast63
I do think investors have been treated better than wage earners for some time. What do you expect when higher wages are incorrectly blamed for inflation? This is because of bad theory and incorrect policy. Wages are suppressed both through monetary policy and illegal immigration. The fact that we have a fiat currency has nothing to do with it. What we need is correct theory and proper management, but in the meantime it wouldn’t hurt to invest.
46 posted on 06/19/2007 12:05:20 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
[ Post Reply | Private Reply | To 45 | View Replies ]

To: iconoclast63
History records no successful example of a debt based, fiat currency. Not one, ever.

That's why all those gold backed currencies are still around. LOL!

57 posted on 06/19/2007 10:17:02 PM PDT by Toddsterpatriot (Why are protectionists (and goldbugs) so dumb?)
[ Post Reply | Private Reply | To 45 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson