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TEXAS BULLION DEPOSITORY: GOLD BACKED BANK to be COMPLETED Next year
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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. Quoting: Anonymous Coward 72304446 FUCK YOU, you stupid POS!!! Your dumb ass is exactly why we are fucked. Because dumbasses think money has to be backed by gold. whatever, fuck you no one will ever be able to convince fuck ups like you. BTW, watch "The Story of Oz" and maybe, just maybe you will understand. I doubt it tho.
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