Some i do not agree with Ray and some I do agree but it is a healty conversation over beer or RED wine
I think we are losing at least 6% annually---- for the CPi does not include energy(oil and by products, food, nor cost of medical. In fact there is movement trying to further change Cpi which is tied to Social Security and other compensations. Changing CPI will hide the real costs. AS MOST PEOPLE HAVE FOUND WITH SALARY increases vs cost of living. Many things are changing but that is life
Bitcoin is talked about alot but it will not work across muliple countries.
I will bet $$ s on it. With all the bashing, the US$ is the foundation worlwide. ....for at least the next 20 years
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Yep, will bet Red wine and a ride in NAPA
[/B]QUOTE=Ahneida Ride;1463758]Congress has relinquished is fiduciary responsibility to a private corporation.
It return, it gets all the funding it needs via a back door method.
The private corporation gets to create $ outa thin air and charge interest
on nothing. The subsidiaries of the private corporation (commercial banks)
can then the practice the Ponzi Scheme of "fractional reserve" knowing that
the private corporation is there is bail em out.
We the people looses about 6% per year of our purchasing power.
This fed reserve dilution tax is the most pernicious tax of all.
We now rent out homes, cars and educations from banks.
Since this private bank controls our nations money supply, It
controls the politicians.
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"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." — Rothschild Brothers of London, 1863
"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild
"Whoever controls the volume of money in any country is absolute master of all industry and commerce." — James A. Garfield, President of the United States
"I believe that banking institutions are more dangerous to our liberties than standing armies.
Already they have raised up a monied aristocracy that has set the government at defiance.
The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." — Thomas Jefferson, U.S. President.
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." — James Madison
"People who will not turn a shovel full of dirt on the project (Muscle Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest ...But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way.
It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold. Interest is the invention of Satan." — THOMAS A. EDISON
and finally ....
The last President to circumvent the fed, issuing United States Notes ,was the Honorable John Fitzgerald Kennedy.[/QUOTE]