Wednesday, December 28, 2011

This is true

I remember watching Bernakacides testimony saying explicitly he would not bail out Europe, of course I also remember when he testified that he would not monetize the debt too. However this is not just any critic and Ron paul is doing well in the polls, the "End the F_E_D" may be a dream realized. If you ever want to learn about a real scandal, search youtube for videos on how the F_E_D was actually created and the history of central banks before the 20th century. Republican, Democrat or Independent, it's my belief that Ron Paul is the only hope for our economy and the structure of the monetary system which will eventually collapse as every fiat system in history eventually has. Why do you think the government was all over the guy who started Liberty Dollars? That's another interesting story, there were entire towns using them. I'm not sure how they were different then commemorative coins on the Home Shopping Network and there usage was any different then a barter system? Taxes were still payed in Fiat, but they came down on him like a ton of bricks for one simple reason, it was catching on and would have made the F_E_D irrelevant. Think about the how the dollar has lost its buying power and then think about your grandparents who bought T-bills their entire lives. No, the US will probably never default on paying the debt (T-Bills) they will just do it with dollars worth 25% of what the original bond was leaving your grandparents with a 75% loss in buying power!


Any way, here's the link 

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