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Keyword: goldismoney

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  • 50 Years After Nixon Ended the Gold Standard, Dollar’s Dominance Faces Threat (today is the anniversary)

    08/15/2021 8:06:20 AM PDT · by DoodleBob · 15 replies
    Barron's ^ | August 14, 2021 | Randall W. Forsyth
    Fifty years ago this Sunday, President Richard Nixon announced a bold economic plan, including the severing of the U.S. dollar’s ties to gold. Since then, the world’s monetary system has consisted of (mostly) freely floating currencies. The dollar nonetheless remains the primary legal tender used internationally for trade, finance, and as a store of value, which has conferred upon the U.S. enormous advantages. Whether that will continue for the next half-century is far from certain. The Bretton Woods system, in effect back then, reflected America’s economic pre-eminence after World War II. Currency exchange rates were fixed, relative to the dollar,...
  • Thank God Ron Paul is still crazy, nothing like those Republican Appointees

    06/29/2012 5:11:25 PM PDT · by SteelTrap · 48 replies
    My crazy Uncle | steeltrap
    Otherwise we could have a non-strict-Constitutionalist placed on the supreme court. What would Ron Paul have said about yesterday's ruling? The answer - it no longer matters. All the people who went into hair pulling mode over Ron Paul now have to examine the guy they support. There is only one. Highlander style. The battlefield has changed. Romney will save us? Is that it? I'm from the Govt. I'm here to help you. Bend over and say "ronpaul".
  • Woman Singled out by the TSA, Cuffed to a Chair, Her Ticket Ripped up

    11/10/2010 8:18:34 PM PST · by citizenredstater9271 · 118 replies
    Youtube ^ | GeorgeDonnelly
    The TSA chose Meg McLain for special screening. They wanted her to go through the new porno-scanners. When she opted out, TSA agents raised an enormous ruckus. When she asked some question about what they planned to do to her, they flipped out. TSA agents yelled at her, handcuffed her to a chair, ripped up her ticket, called in 12 local Miami cops and finally escorted her out of the airport. Listen to her story as she told it on radio show Free Talk Live last night. Things are truly getting scary.
  • The War Against Capitalism

    10/20/2010 8:51:57 AM PDT · by Stoutcat · 2 replies · 1+ views
    Grand Rants ^ | 10-20-10 | Stoutcat
    It’s a very subtle ploy, that statement, ”already making more money than most will earn in a lifetime.” Does it make you feel good? Glad for those billionaires, and proud of their enterprenurial spirit? Or does it make you feel slightly envious that these young kids will make more than you’ll ever see in your life? Yeah, me too. The ongoing repetition (only slightly unpalatable in single instances) permeates society these days. It’s in the press, on television, online… all the time. Captialism is evil; tax the rich; make the rich pay their fair share; they’ll make more than you’ll...
  • What Bernanke doesn’t understand about deflation

    09/06/2010 8:44:36 PM PDT · by DeaconBenjamin · 11 replies
    Steve Keen's Debtwatch ^ | August 29th, 2010 | by Steve Keen
    Bernanke’s recent Jackson Hole speech didn’t contain one reference to the key force driving the American economy right now: private sector deleveraging (here’s the previous year’s speech for comparison’s sake). The reason the US economy is not recovering from this crisis is because all sectors of American society took on too much debt during the false boom of the last two decades, and they are now busily getting themselves out of debt any way they can. Debt reduction is now the real story of the American economy, just as real story behind the apparent free lunch of the last two...
  • Why I Support “Free Keene”

    08/24/2010 1:41:28 PM PDT · by citizenredstater9271 · 50 replies
    Free Keene ^ | August 21, 2010 | Bradley Jardis
    You know…. as I read all the insults and hatred that is directed at both myself and fellow Free Keene contributors, I can’t help but think the vast majority of you making these rude remarks haven’t the slightest clue as to what exactly this blog is about. I think this because I’m fairly sure that if people really knew the logic behind things here that we would be supported, joined, and encouraged. I think this because at one time I vehemently disagreed with Ian Freeman’s (the owner of this website) view of how a society can function without institutionalized violence....
  • What are the Benefits of Closing the Federal Reserve?

    08/11/2010 5:08:14 PM PDT · by citizenredstater9271 · 14 replies
    Youtube ^ | August 11, 2010 | Raisingdemocracy
    After the Fed is dead our private property will be better protected from the easy money, scarce money mortgage rip offs that private bankers have used for generations to swindle away the farms, homes, and businesses that we and our ancestors have worked so hard to acquire. With the Fed dead and gone every family will be better able to establish a hearth and home from which family stability, security, and prosperity can grow from generation to generation. With the Fed dead we can use our common money system to begin building new roads to prosperity. When individuals and families...
  • Ron Paul: if spending were solution, there'd be no problem

    08/10/2010 3:10:21 PM PDT · by citizenredstater9271 · 14 replies
    Youtube ^ | August 10, 2010 | RidleyReport
    Ron Paul shows why gov. spending is the worst way to avoid financial crisis. He shows why America needs to end the fed and go back to gold and silver if we want to survive.
  • Japan: America's Lost Decade (video)

    08/06/2010 2:37:47 PM PDT · by Razzz42 · 4 replies
    The National Inflation Association ^ | 08.06.2010 | InflationUS
    Video link... http://inflation.us/videos.html Will the U.S. economy experience hyperinflation or deflation like Japan?
  • Hyperflation Nation part 2 of 3

    08/01/2010 1:43:54 AM PDT · by citizenredstater9271 · 7 replies · 2+ views
    Youtube ^ | RONPAUL2012PRESIDENT
    This video provides shocking details about the future of America's economy. It's a MUST WATCH.
  • Economic Reductionism is Good

    07/30/2010 12:37:05 AM PDT · by citizenredstater9271 · 10 replies · 4+ views
    Youtube ^ | fringeelements
    fringeelements | July 08, 2010 The fashion is to say "economics can't explain all political issues" - which is an absurd idea based on a simplistic view of economics. Economics can explain all purposeful action toward a given goal. What of these goals and how do they come about? That's the realm of psychology. But beyond that, economic reductionism FTW. No need to speak of "social forces" independent of economics as if King Ludd is a giant cell and men are his organelles. Solving problems by breaking them down into individual actors... is good.
  • Ron Paul: Media "Amen corner" poo poos gold

    07/24/2010 2:21:26 PM PDT · by citizenredstater9271 · 48 replies · 1+ views
    Youtube ^ | July 24, 2010 | RidleyReport
    Ron Paul explains why we need to put our money in gold and how we can do that as America slowly drifts towards socialism. I'm fully aware I can't change any one's mind about Dr. Paul on FR but please listen to this video you might agree with some of what he says.
  • CHELSEA'S WEDDING PANIC

    07/27/2010 9:10:47 PM PDT · by citizenredstater9271 · 154 replies · 8+ views
    CHELSEA CLINTON in full meltdown mode after severe panic attacks - that new hubby will be a cheater. Panicky bride-to-be Chelsea Clinton is secretly undergoing emergency prenuptial counseling ordered by her mom Hillary, insiders say. "Chelsea is a nervous wreck as her wedding approaches. She's terrified that she'll disgrace herself and her family," a Clinton family friend told The ENQUIRER. The 30-year-old former first daughter is set to wed Wall Street-er Marc Mezvinsky in a $1 million dream wedding on July 31 at the Astor Courts, a 50-acre private estate in Rhinebeck, N.Y. But now she's having second thoughts. "Chelsea...