Posts Tagged ‘Gold standard’

Iran Moves Further To End Petrodollar, Announces Will Accept Payment In Gold Instead Of Dollars

March 2, 2012
Jigsaw puzzle of falling dollar sign with seam...

The failing dollar: Game Over (Photo credit: Horia Varlan)

Forty years we’ve been warning America about this, you cannot think the respect will last forever that your currency got in times past for being attached to something of true independent value like gold or silver.

Just-say-so currency leads to corruption, and “printing money”, which today means adding account sheet entries, a flick of the keypad on a computer. Cheap to make but used to rob the poor and give to the rich by means of dollar devaluation, and pretending to blame the rich for the devaluation (raising prices).

Iran Moves Further To End Petrodollar, Announces Will Accept Payment In Gold Instead Of Dollars:

http://www.zerohedge.com/news/iran-moves-further-end-petrodollar-announces-will-accept-payment-gold-instead-dollars

Besides, America is paying for its sins. Its recent series of presidents have mortgaged out the “full faith and credit of the United States of America” to a gang of money changers who have no respect for the fruits of the labor of the individual, and who have run a giant scam on the poor, paying for welfare and free health care by robbing value right out of their pockets.

We used to hear some politicians warn us that financing programs with debt was immoral because it cheated future generations, placing a debt burden on them.

That would be true even if we had a genuine legal regime of genuine currency today, but the problem is that most of the people have not understood that trusting in a fiat currency owned by a monopoly of Wall Street bankers and international bankers, was inadvertently pledging their lives, their fortunes and their sacred honor to the monopolists.

The Green Paper Pig is full of hot air, inflation stretching it ever more, putting pressure on its fragile paper-thin skin, and one day soon it will explode. The money changers may even be counting on it to move the world over to a one-world currency regime, which is going to happen anyway with the lead-up to the famous mark of the beast as told in Revelations 13. “In”, not on! the right hand or the forehead. Beware of embedded subcutaneous chips that they will promise make buying and selling “easier”. Easier for them, slavery for us.

Jesus Christ drove out the money changers of his day with a very nasty whip that he took time to prepare for maximum effect, and eventually, following God’s law of “You reap what you sow”, their day will also come, after some agonizing travail for the entire world.

But God is in control, hitch your wagon and your soul to his son, and ye shall know the truth and the truth shall make you free.

Establishment economists do what they’re paid to do, denounce gold standard

January 21, 2012

“rawstory” delivered up a story from AFP about a “panel” of 40 economists, “bipartisan” they said and repeated (oh yeah?), that denounced the idea of returning to a gold standard. They used the word “bipartisan” while they also mentioned that the other candidates are feebly echoing Ron Paul‘s support for a gold standard:

http://www.rawstory.com/rs/2012/01/18/economists-pan-idea-of-new-us-gold-standard/

AFP was pathetically backwards wrong on the Honduras situation in 2009, so I’m not surprised they repeat this globalist neo-conservative disdain for using money of genuine intrinsic independent value.

And “bipartisan” my rear end! as the expression says it. How stupid do you guys think we are? Go back to your Money 101 class, even Keynes bow to “full faith and credit of” clause, it’s a Keynesian trade secret.

What people need is a medium that is immune to the political whims of bankers like the ones that own the Federal Reserve, like gold. They can’t manipulate its worth, which these Master Manipulators think is a bad thing.

When the Fed increases the money supply, it’s the big banks that get the big dollars first, and that means they and their best and biggest clients the biggest corporations can use it to multiply their own record profits. Now with more money floating around prices go up because they chase after the same production of goods and services, ==> and that is the ROBBERY BY STEALTH that is fiat currency.

These are “experts” blessed by the political rulers to give their religious blessing. It’s an “opiate for the masses” so the blind can lead the blind into the ditch.

Ron Paul is right. Golden Rule Government is the best for all of us, the poor most of all.