abolish the federal reserve & go back to 100% gold standard
Uploader Comments (oz22verizon)
Top Comments
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abolish the federal reserve
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We can go on a combination metals standard a value set for gold silver platinum and copper. The bankers would hate this
Mr. Potter would lose control of Pottersville and it would return to Bedford Falls.Local economies are the only thing that respond effectively. Buy local grown food,use local credit unions,use local services buy all goods you can locally.Get off the GRID as much as you can.FTG
All Comments (32)
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The Karma of those of the Federal Reserve is very dark. Sure would not want to be those slugs going onto their next state in reincarnation.
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if they have our gold cant we take it back?
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I love gold and silver,I have been buying both since 2000 however,it is not possible to back all fiat currency printed by gold. Humans always print too much so gold is a great investment when currencies crash,gold and silver are limited by nature and it requires work(production) to get it. less than one ounce of gold exists for every human on earth so it is impossible for gold to be a median of trade. Every fiat currency in the history of the world has failed,the us dollar will also....
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national currency good
gold standard bad.
the fed chairpeople have already all the gold.
bind the dollar to gold again and they own the currency again.
a stabile nationaly controled currency is needed , let it be fiat at first and bind it after a certain time if at all. i would even go as far as saying let the states them self print state money. under federal babysitting
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First they legalized the fraud of fractional reserves knowing that it would only lead to an eventual collapse of the currency. Then, when it actually happens, instead of simply returning to 100% reserves, they create a central bank and giving it unrestricted powers. They sold us all into slavery decades before we were even born.
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There is not enough gold and silver to back the dollar.
The portion of the national debt held by the Fed is less than $800 billion.
A bit more than half the deficit this year and less than 7% of the total debt.
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what about a form of paper currency, not federal reserve notes....but a "united states note" that is "backed by gold" but not redeemable in gold. This way foreigners would not be able to cash the notes in for gold and screw back to their country. Of course, fort knox would have to be audited by independent auditers each year to keep this honest.
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to JoshMcRay: my guess is that like prior to 1965 we would be on not just a "Gold" standard but "silver" as well. Silver could play a great roll in going back to a precious metals standard.
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"Money, while a great convenience in exchange, introduces a middle term pregnant with terrible dangers...a third party, a middleman, may intervene in all exchanges...be he pedlar, shopkeeper, merchant or banker." -- George Santayana
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This movie is complete bullshit. Someone tell me how gold would go up with the growing human population that needs more money. There is NO WHERE CLOSE to enough gold to back up enough money needed for 300+ million people to buy food,water and shelter (cars,clothes, and homes) along with other gov't projects and businesses. If we were on the gold standard then there would be a few rich people and A LOT MANY TIMES MORE poor people than there are now.
JFK knew it would be incredibly hard to actually abolish the fed,(plus he was not part of the Winsor blood line like bush and gore are!), nor was he in agreement with the new world order agenda, so they were going to kill him anyway along with robert and MLK).The "US crown" must stay in the family.
oz22verizon 2 years ago
By the way,the Winsors aren't even english, they're german.They changed their names several times, germans who followed nazism, just like george bush senior's father did...thats right my friends. They're trying to make this country THE FOURTH REICH.
oz22verizon 2 years ago
Good vid. I can't believe the audacity they have for asking for more power. It's kind of like if a doctor told a patient that he's dying of cancer because he's eating too many cheeseburgers and then giving him more cheeseburgers to solve the problem. Then he says "yeah, it'll solve your problem when you die!"
Anyway, I'm off to see Dr. Paul speak at UPitt in a couple of hours. Hopefully, I'll get in. Cheers!
8DoverNJ 3 years ago 2
i hope you film him and put it on you tube :)
oz22verizon 3 years ago