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Re: Central Bankers Are Losing Faith In Their Own Alchemy 

By: micro in POPE IV | Recommend this post (4)
Fri, 30 Dec 16 8:01 PM | 59 view(s)
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Msg. 17194 of 47202
(This msg. is a reply to 17193 by capt_nemo)

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very good report on this topic Nemo!

The U.S. NEEDS and SHOULD get back to the gold standard as the basis of what is backing our fiat currency instead of Obama's debt and thin air.

EVERY BANKER who participated in the toxic loans bundling schemes which is what is the source of this, should be rounded up and imprisoned.

I am totally in favor of precious metals as backing the US dollar and eliminating the Fed and all central banks and the criminals that run them.

micro...




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The above is a reply to the following message:
Central Bankers Are Losing Faith In Their Own Alchemy
By: capt_nemo
in POPE IV
Fri, 30 Dec 16 2:14 PM
Msg. 17193 of 47202

"The idea that paper money could replace intrinsically valuable gold and precious metals... was both revolutionary and immensely seductive. It was in fact financial alchemy - the creation of extraordinary financial powers that defy reality and common sense. Pursuit of this monetary elixir has brought a series of economic disasters - from hyperinflation to banking collapses."

http://www.zerohedge.com/news/2016-12-29/central-bankers-are-losing-faith-their-own-alchemy


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