DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The point it all changed

**aspinswramymn** · 07-20-2012, 11:18 PM

You mean its almost like when we completely left the gold standard (1971), the paper got out of control?

Say it aint so!

That's right. I'm saying it. I've been saying it to everyone I get a chance to talk about the fraud of credit to. Until now I've only been able to say "from my memory" that period of time was when it seemed to change. Now I can point to Brenton Woods on a nice "easy to grasp" chart that yes, there was a change in mid 70's and it was because, we ditched the last remnants of redeemable money. I was a young child back then so I feel like people think, yeah what would a kid know... when I'm really just fitting the pieces together with hindsight.

Yes charge cards, which are like debit cards today, probably with less fees than today as well. And Lay Away. Down here it's called Lay By. It's still around but I think only with Target and Kmart, Perhaps Big W (woolworths). Tucked away in the corner.

07-20-2012, 11:18 PM	#10
aspinswramymn Join Date Oct 2005 Posts 471 Senior Member	You mean its almost like when we completely left the gold standard (1971), the paper got out of control? Say it aint so! That's right. I'm saying it. I've been saying it to everyone I get a chance to talk about the fraud of credit to. Until now I've only been able to say "from my memory" that period of time was when it seemed to change. Now I can point to Brenton Woods on a nice "easy to grasp" chart that yes, there was a change in mid 70's and it was because, we ditched the last remnants of redeemable money. I was a young child back then so I feel like people think, yeah what would a kid know... when I'm really just fitting the pieces together with hindsight. Yes charge cards, which are like debit cards today, probably with less fees than today as well. And Lay Away. Down here it's called Lay By. It's still around but I think only with Target and Kmart, Perhaps Big W (woolworths). Tucked away in the corner.
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