fairsheet
Senator
It "let's" us assign value based on actual increases in wealth, as opposed to artificially linking "wealth" to some essentially randomly chosen commodity that we dig out of the ground.
The Sum of All Miseries
- Thread starter LanceFreeman
- Start date
Days
Commentator
For the general populace, I don't think it is feasible, distribution would be a nightmare. But between central banks... they are already using gold to trade, what they want to do is phase out the dollar as the asset reserve for trading and replace it with gold. So it really is all about the oil trade.
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Days
Commentator
this post was a piece of art... poetically spun; just beautiful.
artificially attaching value becomes "artificially linking wealth"
sweet. we wouldn't want to artificially be calling the Vatican rich just because they have rooms full of gold, or artificially link wealth to Fort Knox. When are we going to get rid of all that worthless gold anyway?
Days
Commentator
Forgive me for my absence of late, let me remind you. In the wonderful world of money, there's this little itty bitty tiny item called "stored value". In the short run, perceived value becomes value, for any market. But in the long run, it is and always has been and always will be stored value. Gold has that. Silver has that. Paper stores value for about as long as it takes to catch fire. heh, No really, that's what the basket of currencies is all about; trying desperately to store value for paper money. (created money; aka bank credit) By balancing regional markets against each other, central banks were able to artificially prop up values for their currencies. This put the onus on world trade to maintain value. In turn, this put an end to world wars, because the central banks need to keep the shipping lanes open to keep their currencies solvent.
blah blah blah, what's he talking about this time?
Lukey
Senator
It's not "the Jews," and the anti-semitism you guys espouse only gives ammo to the Keynesian opponents of sound money and responsible banking practices. It's oligarchs and corporatists in general. Jack Welch isn't a Jew but he's as much a poster boy for the kind of activity you are complaining about here as Lloyd Blankfein.
Lukey
Senator
The price of gold is being manipulated to keep the false illusion that fiat currency isn't declining in value.
http://www.bloomberg.com/news/articles/2014-02-28/gold-fix-study-shows-signs-of-decade-of-bank-manipulation
And just so you don't think you can dismiss this as "conspiracy theory:"
http://www.nytimes.com/2015/05/21/business/dealbook/5-big-banks-to-pay-billions-and-plead-guilty-in-currency-and-interest-rate-cases.html
Days
Commentator
Kazarian Jews (think eastern European Jews) - the white skinned Jews - are not sons of Abraham. They claim to be Jewish, but I do not like giving them the title, because they are not one whit Jewish, they have neither the bloodline nor the faith. I have the real faith. I probably have their bloodline, but that just makes me another gentile... like they are.
It's all about the money. That's the bottom line... when a handful of people control the currency of the entire planet, bad things start to happen. Like chemical spraying of all major population centers. And wars... constant wars. And starvation. And control of the media. And depression.
"for then shall be great tribulation"
Revelation 2:9 and 3:9
