The Steps to Returning to a Gold Standard?
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1:27:14
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Oh pappy, thank you for you compassion for the ignorant and oppressed – the truth is that it was the goldsmiths who were responsible for storing gold and issuing receipts
fistfullproduction 1 month ago
Pres. Lincoln was no tyrant, judge!
chippprrr 1 month ago
@BRYAN351 It may be able to work in theory, but it can never work in practice. It will always be open to too much corruption, and that will always lead to its exploitation. When something as powerful as money CAN be manipulated, someone always will manipulate it.
HitokiriFyre 1 month ago
YOUR THE MAN JUDGE!!!! DOWN WITH THE FED RESERVE!!!!
Morepullups 1 month ago
I used to be a staunch "gold bug" before I watched Bill Still's documentaries "THE MONEY MASTERS" and "THE SECRET OF OZ." I now believe that paper fiat currency can work, if it's created by our government, DEBT-FREE, and NOT by a private banking racket at interest.
Bill Still's main point is that it's not important what backs the money. What matters is WHO CONTROLS ITS QUANTITY. We the people must have strict oversight over our national money supply. I'm open to civil discussion or debate.
BRYAN351 1 month ago
@theosdoren Watch the brilliant documentary "THE MONEY MASTERS" on my channel to see why this topic is never discussed by the media or government (except for Ron Paul).
BRYAN351 1 month ago
@mrpetermjohnston Wow. Great answer. I didn't know that. Thanks.
WhatsReallyGoingOnUS 1 month ago
@WhatsReallyGoingOnUS I agree that that in a free market for money gold's price would head for the stars. however the $35/oz conversion rate was set by congress as part of the establishment of the bretton woods system at the end of WWII. nixon's exec order suspended the conversion for gold but to return to a gold standard at a different conversion rate would require an act of congress rather than simply annulling the executive order... thats how i understand it anyway
mrpetermjohnston 1 month ago
I would say there is NO gold in Ft. Knox, most likely gold painted lead bars.
cuneeda1950 1 month ago
Did I hear the Judge allude to BitCoin?
WhatsReallyGoingOnUS 1 month ago