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Message Subject TEXAS BULLION DEPOSITORY: GOLD BACKED BANK to be COMPLETED Next year
Poster Handle Anonymous Coward
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That's horrific news if true. Gold backed money is NOT the answer we need. That is just as bad as what we have now. It's not what backs the money supply that is important but rather who controls the QUANTITY. We need gov't issued money with the gov't controlling the quantity with no debt service attached. Do that and this economy will turn around in less than one year!

If that is true, it likely means there's a few very rich Texans that want to control the TX money supply should we secede. They aren't stupid, they see how much money The Fed rakes in!
 Quoting: Anonymous Coward 69466570


Gold back money will accomplish what you just asked for , you freaking MORON.

Man, people here in America are so damn STUPID ! ! !

And by the way. There ain't much gold left for anyone to take delivery of, let alone the full amount they're entitled to. So if your wanting delivery next year, get ready for an IOU instead of physical gold. The banksters have stole it all.
 
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