This could be serious. And I mean really serious!!!

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planosteve
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This could be serious. And I mean really serious!!!

Postby planosteve » Tue Sep 03, 2024 8:46 pm

I am getting more and more warnings of a financial collapse just around the corner.
That may be the reason for the recent gold and silver surge.
Anyway, if that happens at about the time of the election, it could have a definite impact. Just what that means I'm not sure. We could definitely be in for some major chaos! But, the insane printing and spending of money will stop. The only question is when. What happens next is anyone's guess. And if it should happen during the election itself, well, I don't even want to think about it.
There is no bad peace and there are no good wars

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GFB
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Re: This could be serious. And I mean really serious!!!

Postby GFB » Tue Sep 03, 2024 10:11 pm

You’ve been saying that for 15 years.
If you’re “woke”..you’re a loser.

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planosteve
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Re: This could be serious. And I mean really serious!!!

Postby planosteve » Wed Sep 04, 2024 5:22 am

GFB wrote:You’ve been saying that for 15 years.
But, I didn't say when did I? All fiat money economies collapse? That's why the founders required only gold and silver could be legal money. Do you think they were stupid? 8-)
There is no bad peace and there are no good wars

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GFB
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Re: This could be serious. And I mean really serious!!!

Postby GFB » Wed Sep 04, 2024 7:48 am

planosteve wrote:
GFB wrote:You’ve been saying that for 15 years.
But, I didn't say when did I? All fiat money economies collapse? That's why the founders required only gold and silver could be legal money. Do you think they were stupid? 8-)


Mostly just you.
If you’re “woke”..you’re a loser.

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planosteve
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Re: This could be serious. And I mean really serious!!!

Postby planosteve » Wed Sep 04, 2024 7:57 am

GFB wrote:
planosteve wrote:
GFB wrote:You’ve been saying that for 15 years.
But, I didn't say when did I? All fiat money economies collapse? That's why the founders required only gold and silver could be legal money. Do you think they were stupid? 8-)


Mostly just you.

And Ron Paul? Is he stupid too?
https://www.lewrockwell.com/2024/09/ron ... g-america/
There is no bad peace and there are no good wars

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planosteve
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Re: This could be serious. And I mean really serious!!!

Postby planosteve » Wed Sep 04, 2024 8:23 am

Every dollar created and spent by government makes the dollars in your pocket worth less and less. Eventually any currency controlled by government will be debased to worthlessness, and will wipe out the savings of the citizens who put faith in that currency.

Hard currencies, on the other hand, force governments to remain in check, strictly limited to the revenues they can raise from the country’s economic health. This is also an incentive for government to stay out of the way of productivity. The hyper-regulation in today’s economy demonstrates that this is no longer the case. What does it matter if the economy is crippled and the tax-base eroded, if government can create whatever dollars they need to keep the special interests happy?

We have been building economic castles on the sand, and the tide is coming in. The answer is not to bring in more sand, but to move to more solid foundation.

So yes, it is true that many are complaining about our economic trouble, but our economic trouble is not caused by their complaining. Many are being forced to wake up to the predictable troubles associated with faith-based currency. As more people notice the hardships, more will lose faith.

We are long overdue for a course correction and I can only hope that this awakening translates to a solid approach to currency reform.

https://tenthamendmentcenter.com/2008/0 ... %20fathers
There is no bad peace and there are no good wars

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GFB
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Re: This could be serious. And I mean really serious!!!

Postby GFB » Wed Sep 04, 2024 9:15 am

planosteve wrote:
GFB wrote:
planosteve wrote: But, I didn't say when did I? All fiat money economies collapse? That's why the founders required only gold and silver could be legal money. Do you think they were stupid? 8-)


Mostly just you.

And Ron Paul? Is he stupid too?
https://www.lewrockwell.com/2024/09/ron ... g-america/


Yes.

If you spoke about how government spends too much and needs to reduce deficits..you would be credible.

Going on and on about how gold is the only real money..is dumb.

It is not money..it is a speculative commodity.
If you’re “woke”..you’re a loser.

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planosteve
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Re: This could be serious. And I mean really serious!!!

Postby planosteve » Wed Sep 04, 2024 9:29 am

Why do you think gold can only be one thing? Actually, it can be many different things. Money, investment, all kinds of jewelry, dentures, decorations. Same with silver.
There is no bad peace and there are no good wars


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