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Old November 11th, 2015, 03:29 PM   #21
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The Federal Reserve Note isn't backed by anything. They call it the Federal Reserve because it's not Federal and has no reserves. It's simply legalized counterfeiting backed by legal tender laws. Bitcoin isn't much better.Yes, currency is convenient but the Federal Reserve is not. It is the biggest scam in the history of mankind.
The Federal Reserve is a totally different argument. All kinds of countries have stable fiat currencies. TTBOMK, only the US has the Fed.
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Old November 11th, 2015, 03:44 PM   #22
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The Federal Reserve is a totally different argument. All kinds of countries have stable fiat currencies. TTBOMK, only the US has the Fed.
The federal reserve being tied to the federal government, banking cartels and the governments ability to directly steal wealth thru payroll taxes and inflation is at the heart of the issue. I heard a talk about crypto currency being the biggest threat to war since globalization. Taking the economy away from the war mongers.

The state has the ability to control the population thru the economy more so than thru force.
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Old November 11th, 2015, 03:59 PM   #23
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The federal reserve being tied to the federal government, banking cartels and the governments ability to directly steal wealth thru payroll taxes and inflation is at the heart of the issue. I heard a talk about crypto currency being the biggest threat to war since globalization. Taking the economy away from the war mongers.

The state has the ability to control the population thru the economy more so than thru force.
You do realize that there is a great big world out there. China's economy passed that of the US a couple of months ago. That you have the Fed and Cheney doesn't paint the whole world.
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Old November 11th, 2015, 04:11 PM   #24
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The Federal Reserve is a totally different argument. All kinds of countries have stable fiat currencies. TTBOMK, only the US has the Fed.
Stable? Yes until it isn't. All fiat currencies end at zero.

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. I heard a talk about crypto currency being the biggest threat to war since globalization.
Which is exactly why the banking elite will be the ones to start the crypto-currencies.

"To control the opposition, one must start the opposition." Joseph Stalin

edit: If you're interested in currency issues: http://www.goldismoney2.com/forum.php? a very fun forum
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Old November 11th, 2015, 04:33 PM   #25
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You do realize that there is a great big world out there. China's economy passed that of the US a couple of months ago. That you have the Fed and Cheney doesn't paint the whole world.
I completely understand this. Speaking in hypotheticals here w/ the end goal being sovereignty getting away from the USD has to be one of the most important things we can do. Separating from the federal government and becoming more self sufficient. You always come back to trade. Eggs and beef you do understand that all of that is completely possible now. Trust being a large factor.
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Old November 11th, 2015, 04:36 PM   #26
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Stable? Yes until it isn't. All fiat currencies end at zero.

Which is exactly why the banking elite will be the ones to start the crypto-currencies.

"To control the opposition, one must start the opposition." Joseph Stalin

edit: If you're interested in currency issues: Gold is Money - The Premier Gold and Silver Forum -- Goldismoney a very fun forum
But the banksters cannot control crypto currency. That is the beauty of it. It's code.
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Old November 11th, 2015, 04:42 PM   #27
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But the banksters cannot control crypto currency. That is the beauty of it. It's code.
So some hacker can completely screw you by writing more code.

And @Pilgrim. What fiat currencies ended at zero when the country using it wasn't a basket case with really stupid leaders?
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Old November 11th, 2015, 04:48 PM   #28
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So some hacker can completely screw you by writing more code.

And @Pilgrim. What fiat currencies ended at zero when the country using it wasn't a basket case with really stupid leaders?
When you create a program, it's easy to make it vulnerable to hacking....by yourself.


Any country that has a fiat currency has a stupid (or clever) leader. The Weimar Republic was probably the worst example.
Germans were stuffing their life savings into their woodstoves to heat their homes.

History repeats itself over and over again.
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Old November 11th, 2015, 04:50 PM   #29
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Any country that has a fiat currency has a stupid (or clever) leader. The Weimar Republic was probably the worst example.
Germans were stuffing their life savings into their woodstoves to heat their homes.
The Weimar Republic wasn't a country with its economy in the toilet? Weren't their leaders stupid to uncontrollably print money?

I personally like Zimbabwe as the best example. Of basketcase economies and stupid leaders, of course.
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Old November 11th, 2015, 04:51 PM   #30
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The anarchist creed is actually based upon a sound train of logic. 1) Freedom is good; 2) Laws restrict freedom; 3) Therefore laws must be bad.

Oversimplified, I know. It doesn't take into account the massive variable of what happens when laws are removed. The human factor despoils every form of political reasoning, so that in the end there IS no perfect solution, and everything designed to establish and maintain social order breaks down over time.

You must keep in mind that the anarchist creed was spawned amid the misery of industrial capitalism. Bakunin himself was part of the landowning class, but I think his beef was aimed more at the Romanovs that at industrialism.

After the Homestead strike in 1892 Pennsylvania, Alexander Berkman, a leading American anarchist arrested for his knife attack on the manager of the Carnegie steelworks, said the real enemy of freedom was not the government, but the industrialists who owned the government and used it to oppress the working class. "Don't assassinate politicians; assassinate factory owners, because that is the only way to affect change."
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