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wynotme307 on February 27, 2013 The constitution grants congress the power and obligation to issue a currence, standard to all the states. Regulated, made regular… Therefore all money is first spent into circulation by the government. It is then taxed back to the government and this is how the currence maintains It’s value. Soc.sec. pays grandma. Grammar pays kid to now lawn, kid buys ice cream, shop buys milk, dairyman buys hay, etc. If the dollar trades hands five times with a 20% tax, the government can spend another dollar on Grammy. **** The trouble these days is this. The guberment pays granny, then taxes her so they can pay a kid to mow her lawn, then taxes the kid and buys him yogurt, then susidizes the dairyman and the hay bailer with a corporate tax on the ice cream shop. In the first instance the people have each produced SOMTHING they can be proud of. When the government steps in the sheple loose that pride, and the drive to produce more good stuff, better stuff. They know that they are feeling bad about their existence, but not sure why. Freedom of the human spirit is the only means by which small business and entrepenuerialism will thrive. Not thru tax breaks and lower rates, but by elimination of burdens. Log in to Reply
wynotme307 on February 27, 2013 MONEY?… Most of the audience does not know what a monetary ‘standard’ is whether it is gold or something else. As a historian, you should explain that a standard is some thing accepted or traded in both or most economies. The colonists sent wood and rice to Spain and France, and were paid in gold, but not Francks and beans, or Pecos. Therefore gold was the standard. ****The entire trouble in the world, around the globe, especially in developed countries, is that the Federal Reserve Note has become the standard. Everything is traded, from country to country, for US Dollars. These notes, and the bonds that support them have no real worth except the worth of the items purchased. The actions of Benny beryankme have placed the standard at a sub par level. Even Gold is counted and sold in it’s value of US Dollars. Every country on the globe faces catastrophy based on their use of the Green Back. (Only a phrase, I know it is really not backed by agriculture these days). I mean, i aint sayin, but I’m just sayin…. Log in to Reply
Duane Cunningham on February 28, 2013 What makes it dangerous for us, because of the currency, and the abuse of the FED printing “boatloads of Federal money” is the proverbial chickens will come home to roost… With our constantly devalued currency used in world markets, and our printing vast amounts of it, we are left very vulnerable. If the world decides there is too many “green backs” floating around, and they are not worth the value, that value drops against other currencies. A trend may be noted by those holding vast amounts of “green backs”, and then a sell off, and not using it as a world currency. With a sell off, the price drops, or the value drops, and our currency will become worthless. This is just one part of the trend of the destructive nature of the tyrrany of the FED, enabled by Congress, which is the crook getting its cut. Its like the song from the Radiators “Party ’till the money runs out”…. Except we the people will be stuck with the bill, and a preventable economic collapse…. Log in to Reply
insert_link Mike Church Presents The Red Pill Diaries Podcasts Listener Calls Crusade Channel “Rolex Quality” – The Mike Church Show todayFebruary 27, 2018 1655
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