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Old 02-15-2012, 11:46 AM   #21
JessePex

Join Date
Oct 2005
Posts
618
Senior Member
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The current "debt" as we all know is a purposefully inflated falsity. Based on fake money, with fake interest, divided up into a million fake versions of fake debt (Derivatives, etc) and leveraged for more fake debt.

I just don't see how a gold standard can be enacted unless the FED is dismantled, fiat is totally discontinued and destroyed, and the fake "debt" is totally forgiven. We would need a clean slate. Even then, a majority of families out there don't own any PMs, so what about them? How would they pay their bills, etc?

I am so weak when it comes to ecomonics. I just don't really get it. Is there a simple solution?
JessePex is offline


 

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