Posted on 04/10/2013 5:41:07 AM PDT by IbJensen
One interesting error is the gold standard, which enslaves the government to having to acquire gold in order to create money. Thus, government, while escaping borrowing from the banking cartel, comes back to the same banking cartel to buy gold. Few people understand that. Few realize that the Chicago school / Austrian school, though they have many correct thoughts (thus seeming to be the sought-after truth) were also initially set up by the same international banking interests to frame the “other side” of the debt money argument.
Few understand that the only reason gold was useful to governments in times past as a material to construct money out of was because it was difficult for the private sector to acquire and therefore served the function of inhibiting the private sector creating counterfeit money.
If countermeasures to counterfeiting are not taken, a nation winds up with less work being done, i.e., lower total productive output, and inordinately large amounts of counterfeit money circulating, which adds up to a recipe for very high inflation (more money chasing fewer goods).
Meanwhile, blamed on the sequestration, 17 divisions of the Air Force of the USA are being gounded.
Does Obama expect the divers & Navy seals to be the ones to go after N Korea???
He couldn’t even play a good game of ‘Battleship’, IMO.
How appropriate!!!
Tax day for Americans!!
Aren’t they suppose to set us up the bomb today?
The North is laughing at the response by South Korea. Not so much as one shot fired and there begging China and Russia to intervene.
Any of us here could whip his ass at checkers, let alone Battleship. That game requires players to exercise their memories and that means moving the grey cells around in our skulls.
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