G20
Out of context: Reply #74
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- TheBIueOne0
"America suffered from inflation/depression several times before the constition was drafted and specifically stated gold and silver was the backing of money."
America suffered inflation depression several times after the constitution was drafted and before the 20th century. Stop cherry picking your facts to back your weirdo notion of financial history.
"The 'bezant' became universal currency and was accepted by neighboring nations because of its true weight in gold."
You have it backwards, Rome didn't fall because it debased it's currency and it became corrupt because of it. It became corrupt than debased it's currency. And others accepted Roman currency because they were the biggest market at the time, not because it was gold.
Money is a concept and there is no reason why Gold should be the measure of value than anything else. But go on and believe this fairy tale of yours all you like, cause as for a return to a gold standard... it'll never ever happen.And here - Zeitgeist is fruitcake history for moonbats and wingnuts,just enough facts and then whammo weirdass conspiracy theory.
- you are debased, full of shit and corrupt.
http://www.telegraph…bliznutty - all American inflation/depression was caused by the same shit - central banks/fiat $$bliznutty
- you are debased, full of shit and corrupt.