HemiHauler
Well-Known Member
Well he’s not wrong factually speaking. But many of us have figured out how to thrive nonetheless.
Recession News
- Thread starter GURPS
- Start date
Dude is so paranoid, whatever miniscule amount is actually factual is lost. Money manipulation is not a 20th century phenomenon!
HemiHauler
Well-Known Member
True. But money manipulation became much easier (and arguably more pernicious) after the gold standard was dropped in particular.
Go back and find a piece that Alan Greenspan wrote back in the 1950s for Ayn Rand’s Objectivist publication. He lays out the reason for antagonism for the gold standard: it prevents deficit spending by government and removing said gold standard paved the way directly toModern Monetary Theory which rules the economy today, for better or worse.
Edit: MMT became de rigueur under Reagan when Greenspan was Fed Chair. Make of that what you will.
Once again 20th century B.S., Fiat money has been around for at least 4 thousand years and has always been given a value based on what some emperor or government decided what it was worth at their whim.
HemiHauler
Well-Known Member
Well that’s devoid of actual history and nuance as it applies to the US Dollar.
But again, I don’t share the same hostility for the current environment that lightroasted does. But I do know how we arrived here.
LightRoasted
If I may ...
For your consideration ...
I understand the truth can sometimes hurt. But facts are facts. Now go get your binky and lay down.
I understand the truth can sometimes hurt. But facts are facts. Now go get your binky and lay down.
Maybe you could post a FACT or two for a change ?
LightRoasted
If I may ...
Anything that is true for a start, you can improve from there . Without your paranoia please.
LightRoasted
If I may ...
For your consideration ...
How about this instead ..... you prove what I have said is a lie? You - Prove me wrong!
How about this instead ..... you prove what I have said is a lie? You - Prove me wrong!
I don't have to prove anything to you, If you had even a modicum of intelligence you would already know. Your paranoia is treatable, get some help!
I am happy that I can make you laugh, most likely the only joy you have left in your life. ENJOY THE MOMENT!
PJay
Well-Known Member
LightRoasted
If I may ...
For your consideration...
Yup. I've seen such examples before. However, the Federal Government, even when in control of the Nation's currency, sans the Federal Reserve, doesn't need a Federal Income Tax, as we think we know it. Taxing true income, (Rents, interest income, stock profits, all profits, etc.), yes, but not wages. Because, if, the Federal Government does need to spend, say, on infrastructure, it can just make available the money, then, in the normal course of commerce, recoup that money thereby stabilizing the currency from inflation. It would also require a complete restructuring of the financial laws. As it stands, the current Federal Income Tax against individuals wages, in a fiat currency system, is regressive and can be seen as a punishment which solely benefits only those at the top, as well as the Synagogue of Satan worshipers of the private banking cartels.
Unfortunately there are a too powerful few that control many mindless to do their bidding. So, I wouldn't hold my breath. However, just knowing how the game is played, is enough to be able to live a good and comfortable life, if, one doesn't became a greedy person.
All the other items are pie in the shy, so to speak. While laudable, really won't fly. Other than to just return to the Constitution, and follow it to the letter.
Yup. I've seen such examples before. However, the Federal Government, even when in control of the Nation's currency, sans the Federal Reserve, doesn't need a Federal Income Tax, as we think we know it. Taxing true income, (Rents, interest income, stock profits, all profits, etc.), yes, but not wages. Because, if, the Federal Government does need to spend, say, on infrastructure, it can just make available the money, then, in the normal course of commerce, recoup that money thereby stabilizing the currency from inflation. It would also require a complete restructuring of the financial laws. As it stands, the current Federal Income Tax against individuals wages, in a fiat currency system, is regressive and can be seen as a punishment which solely benefits only those at the top, as well as the Synagogue of Satan worshipers of the private banking cartels.
Unfortunately there are a too powerful few that control many mindless to do their bidding. So, I wouldn't hold my breath. However, just knowing how the game is played, is enough to be able to live a good and comfortable life, if, one doesn't became a greedy person.
All the other items are pie in the shy, so to speak. While laudable, really won't fly. Other than to just return to the Constitution, and follow it to the letter.