Is the Federal Reserve a tad insecure about their Titanic?
Sylvester Cat, I never thought about vintage receivers. I can see it. I shall hang onto my Luxman.
the US dollar so far felix,is like the worlds'good housekeeping seal of approval'
people like mr paul have called for a gold audit where we supposedly store 'collateral ' gold
nit a bad idea,,a week or so ago,I referred to the chinese tying value of the yuan to copper,,90%
the value of gold,china does have large unmined copper reserves,,so far,,,,the dollar is king because
of universal 'faith & credit" in the $.
we ought to audit ft knox
loss of faith in our currency may be soon unsurmountable by fiat,it ought to be addressed
old recievers (70s) appreciate pretty well,in that case I'll be all set if we have to resort to barter
There has to be SOME common medium of exchange. It used to be gold, but that turned out to be problematic. For now, it's the U.S. Dollar because there is no general agreement upon another medium. Outlawing is not involved, consensus is.
The Federal Reserve is run by Jews, put your faith in them, they've always been good with money.
All Jewish:
1) Ben Shalom Bernanke: Chairman of the Board of Governors of Federal Reserve. Term ends 2020.
2) Donald L. Kohn: Vice Chairman of the Board of Governors of Federal Reserve. Term ends 2016.
3) Randall S. Kroszner: Member of Board of Governors of Federal Reserve.
4) Frederic S. Mishkin: Member of Board of Governors of Federal Reserve. Term ends 2014.
5) Alan Greenspan: Advisor to Board of Governors of Federal Reserve. Recent Chairman.
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the US dollar so far felix,is like the worlds'good housekeeping seal of approval'
people like mr paul have called for a gold audit where we supposedly store 'collateral ' gold
nit a bad idea,,a week or so ago,I referred to the chinese tying value of the yuan to copper,,90%
the value of gold,china does have large unmined copper reserves,,so far,,,,the dollar is king because
of universal 'faith & credit" in the $.
we ought to audit ft knox
loss of faith in our currency may be soon unsurmountable by fiat,it ought to be addressed
old recievers (70s) appreciate pretty well,in that case I'll be all set if we have to resort to barter
There has to be SOME common medium of exchange. It used to be gold, but that turned out to be problematic. For now, it's the U.S. Dollar because there is no general agreement upon another medium. Outlawing is not involved, consensus is.
The Federal Reserve is run by Jews, put your faith in them, they've always been good with money.
All Jewish:
1) Ben Shalom Bernanke: Chairman of the Board of Governors of Federal Reserve. Term ends 2020.
2) Donald L. Kohn: Vice Chairman of the Board of Governors of Federal Reserve. Term ends 2016.
3) Randall S. Kroszner: Member of Board of Governors of Federal Reserve.
4) Frederic S. Mishkin: Member of Board of Governors of Federal Reserve. Term ends 2014.
5) Alan Greenspan: Advisor to Board of Governors of Federal Reserve. Recent Chairman.