The Greatest Depression - The Age of Terror was inaugurated with a series of controlled demolitions in New York City on September 11, 2001. Now the world is being led into the Age of Biological Terror with a controlled demolition of the economy.

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[–]RickC-137 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (25 children)

We don't all have your magical powers Jesus. The rest of us are stuck in the real world where we need units of measure in order to trade work for goods and services.

Demonizing the banking industry doesn't help when you don't have a viable alternative in order to barter. Any unit of measure of work will always be demonized by those who's services aren't valued as much as others. How hard you work isn't valued, it's the knowledge and scarce service. Manual workers can always be replaced, but intelligence and nuance can not. That's the way it will always be until your magical powers come down and take us to paradise.

Nobody on Earth today has the magical powers to take away the reality and the laws of nature.

[–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (24 children)

Then it would be best to use currency as a means of trade, rather than it being financialized. Have more Gold in reserves than paper you hand out. Allow every citizen to exchange his dollar for that of Gold or Silver. Ans above all, DO NOT, use government backed bonds to issue greenbacks. And only issue momey for revenue projects as opposed to parasitic businessmen, bankers or welfare bums.

No interest, lower payroll payouts, more money, more revenue, less taxes.

[–][deleted]  (23 children)

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    [–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (22 children)

    Interesting, thanks. That's far more plausible and makes plenty of sense.

    Were not most quarters and half-dollars silver up until around the 1960's? I'd assume the amount of silver of melt was nowhere close to the vaule they were manipulated to carry.

    Supplement it by silver certificates, issued upon deposit of silver.

    So these certificates would be paper, which would equal a portion of the amount of silver you own.

    Using the good old method of free coinage, silver could enter into circulation free of debt, free of interest, outside the control of bankers. In this way the unit of account and currency would one and the same.

    Seems reasonable to me, but the bankers, nor wall-street would ever let that happen. They'd try to destroy teh economy if something like that was imposed.

    In 1914, (january 4) Henry Ford introduced the $5-a-day minimum wage in his factories. At the time a model-T automobile sold for $250.00. A man could have collected his 5 coins every day, and eventually carry 250 coins to a dealer and drive home in model-T; or saved his coins in bank, then ask for 2 $100 and 1 $50 silver certificates, then go to the dealer.

    That seems far easier than the current system we have today!

    Let gold find its own level, buy what it buys; but never be a unit or a standard.

    Other than Silver, would there be any other metals that could be or have been used as a unit or standard?

    SO, implementing silver certificates would make government bonds obsolete? Would this not reduce taxes, and also manipulation, boom and bust cycles, etc.