Guest Open_Currency_Standard Posted July 23, 2009 Report Share Posted July 23, 2009 Do you believe our nation should use a hard-backed, transparent and accountable monetary system? Let's face it: since the beginning of time, every paper FIAT currency has failed. The Federal Reserve Note, once regarded as the world's "reserve" currency, is dying. While on it's death bed, it robs We The People of our wealth through inflation. No one is going to fix this for you: it's time for you to do something about it. America's Founding Fathers regarded economic independence as the root cause of the revolutionary war. America was a chance to start new, and our country was founded on the constitutional law that no state shall "...make any Thing but gold and silver coin a Tender in Payment of Debts...". After that clever notion was dismissed, and when Congress out-sourced the production and management of Legal Tender to the Federal Reserve Bank in 1913, our fate was sealed. Paper money was now to be the accepted form of monetary exchange, subject to whatever inflation or deflation the Federal Reserve deemed necessary to ensure the country's banking and economic success. Now, almost 100 years later, a dollar buys less than $0.03 of what it did when the Federal Reserve came into power. Further, it's becoming well known that the Federal Reserve is a Private bank, owned by a collection of the world's wealthy elite. It's now painfully obvious as to why our country is losing our global "super-power" status: we have become a nation of credit. Our financial system is based entirely on debt. Our government is growing at an exponential rate, and the national debt grows right along with it. We spend more than we make; we consume far more than we produce. And the Federal Reserve prints money any time it wants it. There is no accountability; there is no transparency. Quote Link to comment Share on other sites More sharing options...
JT Allen Posted July 23, 2009 Report Share Posted July 23, 2009 Great point. What is a " ... paper FIAT currency ... " and who owns the Federal Reserve? I thought (SFM, SFM=Silly "effing" Me) the Federal Reserve Bank was owned by, well, the Feds. Does this mean I can open a business called Federal Reserve Mortgages? Further, if not, why? Quote Link to comment Share on other sites More sharing options...
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