2/11 The Solution - Schaeffer Cox

[911truthncDotOrg]

@hiroinus1revival Actually, what you are suggesting is similar to "Silvio Gesell - Free Money & The Natural Economic Order"

watch?v=W9dttjObGrQ

I think is a good concept.

[911truthncDotOrg]

@hiroinus1revival The system you are proposing in really what a lot of folk are advocating. A dollar value based on the price of commodities. The problem with that is the one that holds the most commodities has control of the economic system. Same problem with a gold base monterey system. That's why I agree with Bill Stills and Ellen Brown. The amount of money printed should be based on the population growth. Everyone fights for the same crumbs. It can all be science that way.

[911truthncDotOrg]

@hiroinus1revival Again, you are showing lacking of understanding by confusing the issue. Amazing how easy someone can be turned into a politician.

You say it's your opinion. No. It's a science.

$10 = 10 loafs = 1 dollar/loaf

add another $10 to system

$20 = 10 loafs = 2 dollars/loaf.

It's that simple.

Now add politicians and your type of thinking = clusterfuck = the system we have now.

[911truthncDotOrg]

@hiroinus1revival "the idea that money should hold value forever is a fallacy" you state this as a fact. when it is obvious to me that you do not understand the question.  If you do understand the question. Then answer the question I posed to you in my previous comment. When you ignore it. I'll have my answer.

[911truthncDotOrg]

@hiroinus1revival " hold value forever is a fallacy." Suppose we have an economy. Me and you. There is $10 in our economy. You make 10 loafs of bread. Based on our economy each loaf is worth a dollar. Now based on our economy. What is going to cause the price of bread to go up?

[911truthncDotOrg]

@hiroinus1revival No. The value of money is based on the amount of money in system. When money is created those get to use it first benefit the most. The value of currency is not based on commodities it can buy.

From your point of view. Who gets to determine the rate of inflation? All commodities do not depreciate.

[911truthncDotOrg]

@hiroinus1revival inflation and the devaluation of a product have nothing in common my friend. inflation is a hidden tax plain an simple. you have fallen for the semantics language hides.

have you watched "Money as Debt" and "Money Masters?

[inspirediam]

This is why I decided to not get a business mgmt degree...

[jesusisalive2]

@sjcpal : says who? quit spreading lies bonehead.

[sjcpal]

This guy was arrested for Domestic Violence against his wife.....What a clown for people to listen to ....you all should be ashamed of your self listening to wife beater....

[sjcpal]

I wonder who paid this Idiot to talk to these sheep

[libertarianjury]

Administration, bureau, agency, service = group of coercively-financed ("tax-financed") employees who are motivated by that coercive-financial interest ("taxes") who have a certain percentage of the humans in their organization who are armed and willing to use force of arms to protect their coercive financial interest ("taxpayer-financed paychecks").

[libertarianjury]

So far, I've heard what I know, but I know that Shaeffer is a good messenger. I'd like him to call me. I've registered around 1000 people in Alaska as Libertarians. I am a movement builder. Please call me after 9pm, CST. 907-250-5503. ---Jake.

[wda013]

So wie der Krieg das denkbar groesste Gewaltverbrechen ist und der Zins die groesste vorstellbare Ausbeutung, so kann man die Inflation ohne Uebertreibung als den groessten denkbaren Betrug bezeichnen. --Helmut Creutz ( *1923 )

which roughly translates to:

war = biggest imaginable violent crome

interest = biggest imaginable exploitation

inflation = biggest imaginable scam

[hplaserjet2001]

On April 5, 1933, US President Franklin D Roosevelt revoked gold ownership by signing Executive Order 6102. The Order gave US citizens 3 1/2 weeks to surrender all privately-owned bullion to the government for $20.67 per ounce.

Nine months later on January 30, 1934, Roosevelt raised the price of gold from $20.67 to $35.00 per ounce devaluing the US dollar by 69%.

[hplaserjet2001]

In 2009, the Federal Reserve engineered 20+ trillion dollar bailouts equaling 40% of the private wealth created in the US since 1776.

The deficit during October and November 2009 totaled $297 billion or $4.9 billion per day.

The Office of Management and Budget reports that the US government will experience deficits of tens of trillions of dollars for the next 70 years. They also reported that the US will not have one year with a surplus for the next 70 years.

[hplaserjet2001]

According to a recent Federal Reserve report, the private net worth in the United States (US) is $53.4 trillion. The debt and unfunded liabilities are $120 trillion or $389,610 for every man, woman and child. Dozens of US states are bankrupt.

In 2010, the US federal deficit is expected to be $1.6 trillion.

The US government is overspending by approximately $4.38 billion per day.

Since 1913, the Federal Reserve has devalued the US dollar by 98+%.

[hplaserjet2001]

"Through our national bank, the Federal Reserve, we extend book credit which we create from nothing to all local banks...thus we bring industry, management and labour into our debt...and pit management against labour so they will never unite and attack us and usher in a debt-free industrial utopia." -Harold Rosenthal