Old Project Avalon Forum (ARCHIVE) - View Single Post - cash4gold liquidation

TtC · 02-24-2009, 06:13 AM

eraser2012:

I agree totally with your first paragraph, but I was making a point by using such an obscure example.

Your second paragraph on the other hand is only so solid. Yes, the US government confiscated gold and they royally screwed over the American public in the process because they were paying out paper money below value in order to pay off US debt, or at least that's what the history books say. BUT the point I am trying to make that it seems no one is taking notice of is if they really want to take your gold they will and will do so by force. I doubt this would happen, but it is a possibility.

I would also like to note that money that is not gold or silver is illegal in the USA and only congress has the right to print currency, not the fed.

The last thing I would like to say is why do you need a means of exchange at all? If the level of consciousness reaches a higher level why cannot all things be free? In the current situation, this is not possible, but it seams, as we have seen, people need their money.

And Keynesian economics as well as Austrian economics do not work as we can see by reading the daily paper.

02-24-2009, 06:13 AM	#29
TtC Avalon Senior Member Join Date: Feb 2009 Posts: 103	Re: cash4gold liquidation - another greedy strategy eraser2012: I agree totally with your first paragraph, but I was making a point by using such an obscure example. Your second paragraph on the other hand is only so solid. Yes, the US government confiscated gold and they royally screwed over the American public in the process because they were paying out paper money below value in order to pay off US debt, or at least that's what the history books say. BUT the point I am trying to make that it seems no one is taking notice of is if they really want to take your gold they will and will do so by force. I doubt this would happen, but it is a possibility. I would also like to note that money that is not gold or silver is illegal in the USA and only congress has the right to print currency, not the fed. The last thing I would like to say is why do you need a means of exchange at all? If the level of consciousness reaches a higher level why cannot all things be free? In the current situation, this is not possible, but it seams, as we have seen, people need their money. And Keynesian economics as well as Austrian economics do not work as we can see by reading the daily paper.