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Re: How money became worthless.........

By: faul in ALEA | Recommend this post (0)
Sun, 03 Jun 12 9:28 PM | 55 view(s)
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Msg. 08287 of 54959
(This msg. is a reply to 08285 by Cactus Flower)

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Hi Alea......

I thought i told you i see everything backwards.......

FIAT means FAITH....it is backed up by nothing but
faith & enforcement.........millions & millions die because
money can be printed from thin air to finance wars
..............that enforce the FIAT scheme.

Why defend such a system...........?

Doma.


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The above is a reply to the following message:
Re: How money became worthless.........
By: Cactus Flower
in ALEA
Sun, 03 Jun 12 9:02 PM
Msg. 08285 of 54959

"QE & the Fed's printing of Trillions of dollars is a means to prop up the fiat ponzi debt scheme"

Hi doma,

Funny. You have the entire thing backwards.

The fed is essentially using qe to reduce the value of money.

It is diluting the dollar much as Wave is diluting the shareholders' stock.

The fed's aim is to get folks to invest in other things and to consume. They want savings to be less valuable. They are dealing with the paradox of thrift.

So far from propping up some ponzi scheme, they are trying to reduce the advantage of savings.

You really should have a look at what is actually happening in the world, rather than pushing pieces around in a theoretical model of conditions which do not exist at this time.

The problems in Greece and Spain are occurring because they don't have their own currency.


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