What in the world is it that makes us think that a bunch of power hungry Washington Political types and money mad financiers could get together and create anything other than a mess? Well obviously we, the people of the good ole USA do. It’s worked out so well that our dollar today is worth about 5 cents in 1913 terms (1913 being when we got a central bank). Here is the ramblings of some nut job Randite in 1966 : In the absence of a gold standard, there is no way to protect savings from confiscation via inflation. The financial policy of the welfare state requires there be no [...]
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[Source: The Money Blogs]
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