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=> Re: Gold Outlook 2011: Irreversible Upward Pressures And The China Effect

Re: Gold Outlook 2011: Irreversible Upward Pressures And The China Effect

Posted by pancho (Moderator) - Sunday, January 9 2011, 5:37:49 (UTC)
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Trying tokeep up with or understand the machinations of banks and the Fed is like trying to underatdn all of Al Capone´s way and means of making money and keeping it and hiding it....it isn´t necessary to even make the effort...all you need know is that he is a crook...just exactly HOW he does his crooked deals is a separate issue...just haul his ass to jail and forget the details.

So long as money is created out of debt, there can be no reforms anywhere...only 3% of our money supply is actual paper and it isn´t even backed up by anything...97% exists as entries in ledgers or digital numbers...and it too is backed by NOTHING.

If tomorrow all gold, silver, oil and cheese disappeared we´s STILL need to print money ebcause the wealthy can´t play their game without new money being created...and since we have this weird way of making new money out of debt, we´re screwed from the git go.

Government, we the people, have to print all money...and we print it primarily to build and maintain our country and its vast infrastructue and NOT in the form of debt/loans to the super rich so they cna play casino capitalism...it´s really very simple...really.

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Gold Outlook 2011: Irreversible Upward Pressures And The China Effect Tiglath - Sunday, January 9 2011, 1:56:48 (UTC)
- Re: Gold Outlook 2011: Irreversible Upward Pressures And The China Effect pancho - 01/09 05:37

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