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Kenneth A. Drake's List: Fiat Money
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Mar 30, 07
Irredeemable Currencies are a fraud and an instrument of
tyranny.-
All great republics throughout history cherished sound money. This meant that the monetary unit was a commodity of honest weight and purity. When money was sound, civilizations were found to be more prosperous and freedom thrived. The less free a society becomes, the greater the likelihood its money is being debased and the economic well-being of its citizens diminished.
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Mar 30, 07
Four US presidents who favored sound money were also
assassinated.
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During one conversation, Rockefeller asked Russo if he was interested in joining the Council on Foreign Relations (CFR) but Russo rejected the invitation, saying he had no interest in "enslaving the people" to which Rockefeller coldly questioned why he cared about the "serfs."
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Apr 07, 09
A financial information site with an emphasis on Gold and Preservation of Capital. -- America is in financial crisis but instead of the financial oligarchy being broken up to permit essential reform they are continuing to use their influence to prevent precisely the sorts of reforms that are needed immediately to pull the economy out ...
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This is unbelievable to most people, but it is absolutely true. If all outstanding debts were repaid under our current debt-based monetary system, there would be no money left in existence.
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Apr 07, 09
A financial information site with an emphasis on Gold and Preservation of Capital. -- Every economic bust demands scapegoats. And you can always bet your bottom dollar that politicians and journalists will be the ones leading the mob.
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Apr 07, 09
A financial information site with an emphasis on Gold and Preservation of Capital. -- Last week saw a continuation of the impenetrably misguided policy response to this financial crisis, which seeks to address the downturn by encouraging more of what got us into this mess in the first place.
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Apr 08, 09
Civilization at the Crossroads
by John Meyer
Letter to Clients April 6, 2009
OUR ENEMY THE CORPORATE STATE
In our last letter we stated that, "American capitalism ended in 1913 and remains "An Unknown Ideal." We also commented that, "A troubling question arises: Has the financial community hijacked government?" -
Apr 14, 09
A financial information site with an emphasis on Gold and Preservation of Capital. -- Detractors of our fiat money system are fond of saying that "the Fed is creating money out of the thin air." If that were true, then the Quantity Theory of Money (QTM) might be valid implying that the present runaway money-printing exercise ...
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