that JP Morgan fine...
that is true, people don't realize the bond market dwarfs the stock market. Lot more debt then equity in the world..
Remember this the bond market is more important to learn about than the stock market.
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August 9th, 2011.that is true, people don't realize the bond market dwarfs the stock market. Lot more debt then equity in the world.
I feel like China is gonna own us all in 20 years
I dont know how anyone could look at the criminality and ignorance of our Congress and want to give them more oversight with regards to our currency.
From what I've seen, most of the folks advocating for a gold standard and the abolishment of the Fed are grifters and con-men; Glen Beck, Ron Paul, etc.
Niqqas believe its the banks? not Washington?...
who said give more oversight power to congress?
it's both... they're working together breh
All that has to be done is to legalize competing currencies. Take the sales taxes off of gold, silver, rhodium, platinum or any other commodity that a state wants to allow. Let those currencies have the ability to compete directly with the federal reserve note and see what the market chooses.Is there another solution? In our system, if something isn't being controlled by the private sector, it's being controlled by the government.
All that has to be done is to legalize competing currencies. Take the sales taxes off of gold, silver, rhodium, platinum or any other commodity that a state wants to allow. Let those currencies have the ability to compete directly with the federal reserve note and see what the market chooses.
I think a law should be created where the federal government is obligated to accept payment of taxes in whatever kind of currency a state has legally sanctioned. I also think the federal government needs to become drastically smaller.
No one had all the answers, but we need a lot more freedom of currency in this country. It would dramatically improve the lives of many, especially the poor
All that has to be done is to legalize competing currencies. Take the sales taxes off of gold, silver, rhodium, platinum or any other commodity that a state wants to allow. Let those currencies have the ability to compete directly with the federal reserve note and see what the market chooses.
I think a law should be created where the federal government is obligated to accept payment of taxes in whatever kind of currency a state has legally sanctioned. I also think the federal government needs to become drastically smaller.
No one had all the answers, but we need a lot more freedom of currency in this country. It would dramatically improve the lives of many, especially the poor
Is there another solution? In our system, if something isn't being controlled by the private sector, it's being controlled by the government.
let me clarify.
i think our banking system should be controlled strictly by government... but it has to be a responsible, moral government, not a government in bed with the same private interests it has the job of regulating. the corruption/greed in government/banking, combined with the rampant incompetence, is killing us slowly as a country.
i say this all the time... this "system" talk is pointless because of the criminal element running the country. until we get the criminal element out of government we will continue to operate moreso in private interests than in the public interest.
it's both... they're working together breh
nikkas belive the banks ARE Washington.Niqqas believe its the banks? not Washington?...