duggy2 Wrote:
Oct 10, 2012 7:46 AM
All talk of gold standard is bullflowers..a. There isn't enough gold to back the currency now in circulation..b. Gold backing is irrelevant...fiat currency works well as long as the govt issues it. ..it doesnt..a private bank counterfeits all us currency. .the federal reserve bank is not federal any more than fedex..it is privately held. .a criminal syndicate. .incorporated in delaware..the federal reserve bank association has fooled most of the people most of the time..it prints federal reserve notes and uses them to purchase american govt IOUs aka treasuries for which you and i pay endlessly with income taxbux