Real0ne
Posts: 21189
Joined: 10/25/2004 Status: offline
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quote:
ORIGINAL: MrRodgers Actually, yes...and no. You are on the right track but veer off-track...in your conclusions. There is an expression in trading which warns that more often than not...'cash is king.' All monetary systems are slowly headed in that direction there basis being...money (not currency) IS debt. Two results of the meltdown was, no paper money to cover other paper (debt) and QE (quantitative easing) where the fed merely electronically took negative capital off the books but without adding positive or 'reserve' capital, hence little or no new lending. Financial conspiracy theories have abounded since the advent of paper money which has always been a substitute for something else, i.e., a financial derivative the value of which resides in two main factors, the value or enhanced value of the product or service the bearer will receive in exchange and as a store of that value or wealth. Therefrom several very objective realities are created. The reality of paying for a living and commerce. The potential vacuousness or worthlessness is reliant upon the cessation of that acceptance. For our lifetimes or certainly the foreseeable future, the US dollar among a few others...will be accepted. All of the conspiracy theories derive their basis on the dollar suffering a calamitous and virtual world wide rejection of it as a commercial and debt exchange vehicle. Yet the current objective reality is, that the world continues to show that for the next 10, 20 or even 30 years...the US dollar will remain [its] exchange currency, a store of wealth and thus...its reserve currency. Ok I spent the time to listen to the video, the only thing I was not aware of is that this is finally coming to a head. Its nothing new, in fact its old and has been forming since its inception. I have talked about it many times in the past. There was a guy called himself hunk who was big on buying gold in preparation, unfortunately I could not convince him that his timing was wrong and he bought it as it topped out. The banking industry is at the core of all this shit and america isnt being deceived, its why we had 911 in an attempt to stave it off, most likely why this union is taking place, and why gw said we will thank him in the end. No, the assholes in washington should never have allowed the banks to put us in that predicament in the first place. Thats why the IMF dumped so much gold, to to fix the last banking debacle. Everything you see happening is orchestrated by the banks and their cronies, all the assassinations. Until people wise the fuck up we will continue to fall into one banking trap after another, and while uprooting ourselves is devastating they only need move their operations to another country.
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"We the Borg" of the us imperialists....resistance is futile Democracy; The 'People' voted on 'which' amendment? Yesterdays tinfoil is today's reality! "No man's life, liberty, or property is safe while the legislature is in session
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