|
trashcanman78 (July 26, 2008 at 1:39 am)
FDR's head was in the right place but abolishing the gold standard really screwed the pooch.
libertariananarchist (July 24, 2008 at 9:33 pm)
lets take these bankers and burn them at the stake with their fiat money fueling the fire.
QuitWorkBuildWealth (July 24, 2008 at 8:33 pm)
Beat the recession with ease. CHECK OUT MY PROFILE TO FIND OUT HOW.
UnconcernedCitizen (July 23, 2008 at 7:53 pm)
All those in favor of returning to Wampum, press the Delete button.
cgyvr (July 22, 2008 at 5:14 pm)
"here we go again"
CheapLaborCapitalist (July 21, 2008 at 9:35 pm)
***FDR is a failure*** What do you base that statement on?The new deal regulations worked fine for 50 years. Reagan started DEregulation and the corrupt cycle started all over again.
cowboycarl04 (July 21, 2008 at 8:50 am)
all you have to do is search gold standard on google and your questions are answered... great detail was found for question 2yes gold is finite, but all fiat currencies fail because they are backed by nothing. I'd rather live in a world where we know the amount of money generally available instead of making it up out of thin air (cough federal reserve cough).
cowboycarl04 (July 21, 2008 at 8:41 am)
FDR is a failure, new age liberals and neo cons are failures, and if you think the 45 trillion dollar debt our government owes over the next 20 years for promises it can't keep and borrowed money to pay off borrowed money to pay off borrowed money, then watch and enjoy massive inflation over the next 30 years.
Seiku (July 18, 2008 at 3:43 pm)
An example of over spending. A school was given 200+ million dollars in order to improve grades etc. As people always say, money/spending solves everything. Problem is the school did alot more poorly and was closed down. So obviously spending more didn't solve the issue. The government also has to tax that from the people or get the Fed to inflate the money supply (an alternative form of taxing). In the long run everyone becomes poorer, standard of living is lower, and education levels decline.
Seiku (July 18, 2008 at 3:38 pm)
Normal coins everyday get lost or ruined. All the treassury does is buy the supplies and put more into circulation. I find it amazing that people think itll be impossible to circulate new currency. Did they not remember the 50 state quaters that came out? |
