Why does no one seem to care that we have a fiat monetary system based on fractional reserve banking?
Posted on November 7th, 2009 by admin
Banking
Why does no one care that our money is debt and it dooms our economy to fail. Why does no one care that our whole monetary system is a lie? Why do people actually think McBama will help. Why are people so stupid?
Why does no one care that our money is debt and it dooms our economy to fail. Why does no one care that our whole monetary system is a lie? Why do people actually think McBama will help. Why are people so stupid?
Filed under: Economics
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The nature of the currency isn’t necessarily problematic, if it’s properly managed that is. I am of the opinion that the monetary system should undergo nationalization. Private institutions must not be afforded the ability to expand the money supply.
It saddens me that few individuals seem to care about this topic.
Edit: It’s apparent that you do not care for fiat money. Is gold inherently valuable? Aside from its limited supply, what benefits are offered by a gold standard? It is possible to properly manage a fiat currency.
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Me and about1.2 million Americans that voted for Ron Paul in the primaries do care.
However we’ve been outnumbered by those Americans that refuse to do monetary research and vote in who they’re told to vote in.
I’m still writing in Ron Paul in November, however.
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I care. I want a lot more of that awful fiat money. Why don’t you send me all of yours? Obviously you don’t want it, but I suppose one has to presume you refuse to ever accept or spend any of it and so you have none.