Start by confiscating the gold back from the people the way it was done when we left it?
What would the new gold value of the dollar be, and how many ounces of gold would you then owe to pay off the remaining few hundred thousand dollars of your mortgage?
And the inflation in the transition, how would you handle that?
Non answers that are usual response to questions like this are the indication of the people calling for a new standard have no idea how to go about it.
If governments weren’t artificially suppressing(rigging) the value of gold, silver…probably every fucking commodity, lord knows despite the absolute bullshit the BLS spews, what it would be.
THE ONLY correct response!!! Truly sad when the ONLY thing some can come up with is handing the immoral power over money to the Congress. Why should that EVER be considered an option when we are trying to create freedom and prosperity. Even weights and measures can be assured by private agencies, leaving government’s criminal and destructive hands completely out of the picture.
Brian
November 30, 2017 1:55 pm
Hooray for the Fed! Turning a constitutional government function into a taxable event since 1913!
Never mind the 6% cherry on top fraud dividend.
Because, fuck you slave!…..get back to work! Chaircunt needs a golden parachute!
i forget
November 30, 2017 2:11 pm
Nah. Truss the fed. Then drop it into a volcano. Under the sea. Island creature symmetry.
MrLiberty
November 30, 2017 3:15 pm
Some knew exactly what the Fed was about well before the “Aldrich Plan” was implemented:
[img[/img]
Andrea Iravani
November 30, 2017 4:47 pm
Trust the Fed ? No. Sorry, 8 years of indocrination and PhD required for that.
Had to laugh after reading that Bitcoin tanked on Yellen warning, particularly since the markets have ignored everything that she has said since QE ended, and Bitcoin is a total rejection of the Fed.
The Bitcoin drop appears to be a staged shakedown by JPM and Goldman Locks. With a $300 billion market cap, it’s the easiest market to corner.
Expect more volatility now that it listed with CME.
How to Give a Central Banker a Nervous Breakdown in 13 Minutes – Andrea Iravani
I read your article (quite good) and the attached Popular Mechanics article on EMP (complete drivel). I do not know exactly what would happen if a nuclear bomb were detonated 300 miles above the contiguous US, but to say that it wouldn’t be a big deal is completely negligent, especially when all they want to discuss is the yield of the nuclear device. The yield has nothing to do with it–in fact, more efficient (higher yield) two and three stage devices have lesser EMP outputs than lower yield devices, because the EM energy is reflected back into the core to increase yield. The Popular Mechanics article also does not address the different pulses delivered by HEMP (E1, E2 and E3). A CME storm ONLY can deliver a E3 pulse. Another aspect that I have not heard ANYONE discuss is the possibility of ionizing radiation destroying P-N junctions in solid state electronics–if you understand this you will realize that this is a fundamental destruction that turns transistors (billions in every single chip on the planet) into useless silicon blobs. I have no idea if this would actually happen or not, but I do not dismiss the possibility; Starfish Prime happened in 1963…there were virtually no solid state electronics in use outside of a few laboratories. Also, test done with non-nuclear EMP generators are not entirely valid in my mind as I guarantee a nuclear blast will have a much broader spectrum of EM radiation and how said EM interacts with ionosphere and with Earth’s magnetic field–things entirely ignored in these tests.
The only point I make is that no one really knows what would happen, so do not dismiss the danger.
A completely separate argument is whether 90% of ‘Murikans would die without power within a year. I think that’s high and Puerto Rico seems to confirm that, but it would be devastating beyond any catastrophe ever endured in this country, period.
With JPM total assts of $2.49 trillion, and Goldman Locks total assets of $860 billion, combined they could and would corner bitcoin for their own survival. Goldman mysteriously had its crypto currency patented prior to bitcoins hudreds of patents collecting dust in the patent office, apparently waiting for a banana republic bribe for completion. JPM said that it would offer future options to clients for bitcoin. That was really nice of JD. https://www.google.com/amp/s/www.cnbc.com/amp/2017/11/21/jpmorgan-reportedly-getting-into-bitcoin-futures-trading.html
The surveillance FBI may actually prosecute for this, since the police “pedophilia for the children websites ”
take bitcoin. Pensions are counting on bitcoin bullishness.
Dr Ron Paul, MD…..says End the Fed, I agree
And replace it with what?
The whims and follies of Congresscritters controlling the money supply?
Gold and silver standard!
And how exactly would you institute that?
Start by confiscating the gold back from the people the way it was done when we left it?
What would the new gold value of the dollar be, and how many ounces of gold would you then owe to pay off the remaining few hundred thousand dollars of your mortgage?
And the inflation in the transition, how would you handle that?
Non answers that are usual response to questions like this are the indication of the people calling for a new standard have no idea how to go about it.
And again, no answers.
2:05 mark…Nov. 2006. Comex gold spot: 642.00
Currently hovering around 1330.00
Hmmmmmm.
If governments weren’t artificially suppressing(rigging) the value of gold, silver…probably every fucking commodity, lord knows despite the absolute bullshit the BLS spews, what it would be.
http://gata.org/node/11507
Gold has been at about $1300, give or take, for 5+ years or so-who in their right mind believes that shit.
How’s that great Carlin line about a big club go again?
Enjoy your chains….may they rest lightly on your shoulders.
The free market.
THE ONLY correct response!!! Truly sad when the ONLY thing some can come up with is handing the immoral power over money to the Congress. Why should that EVER be considered an option when we are trying to create freedom and prosperity. Even weights and measures can be assured by private agencies, leaving government’s criminal and destructive hands completely out of the picture.
Hooray for the Fed! Turning a constitutional government function into a taxable event since 1913!
Never mind the 6% cherry on top fraud dividend.
Because, fuck you slave!…..get back to work! Chaircunt needs a golden parachute!
Nah. Truss the fed. Then drop it into a volcano. Under the sea. Island creature symmetry.
Some knew exactly what the Fed was about well before the “Aldrich Plan” was implemented:
[img
[/img]
Trust the Fed ? No. Sorry, 8 years of indocrination and PhD required for that.
Had to laugh after reading that Bitcoin tanked on Yellen warning, particularly since the markets have ignored everything that she has said since QE ended, and Bitcoin is a total rejection of the Fed.
The Bitcoin drop appears to be a staged shakedown by JPM and Goldman Locks. With a $300 billion market cap, it’s the easiest market to corner.
Expect more volatility now that it listed with CME.
How to Give a Central Banker a Nervous Breakdown in 13 Minutes – Andrea Iravani
WTF EMPs, LIBOR, and A Government and Fed That Nobody Can Believe In – Andrea Iravani
Peace,
Andrea Iravani
Hi Andrea,
I read your article (quite good) and the attached Popular Mechanics article on EMP (complete drivel). I do not know exactly what would happen if a nuclear bomb were detonated 300 miles above the contiguous US, but to say that it wouldn’t be a big deal is completely negligent, especially when all they want to discuss is the yield of the nuclear device. The yield has nothing to do with it–in fact, more efficient (higher yield) two and three stage devices have lesser EMP outputs than lower yield devices, because the EM energy is reflected back into the core to increase yield. The Popular Mechanics article also does not address the different pulses delivered by HEMP (E1, E2 and E3). A CME storm ONLY can deliver a E3 pulse. Another aspect that I have not heard ANYONE discuss is the possibility of ionizing radiation destroying P-N junctions in solid state electronics–if you understand this you will realize that this is a fundamental destruction that turns transistors (billions in every single chip on the planet) into useless silicon blobs. I have no idea if this would actually happen or not, but I do not dismiss the possibility; Starfish Prime happened in 1963…there were virtually no solid state electronics in use outside of a few laboratories. Also, test done with non-nuclear EMP generators are not entirely valid in my mind as I guarantee a nuclear blast will have a much broader spectrum of EM radiation and how said EM interacts with ionosphere and with Earth’s magnetic field–things entirely ignored in these tests.
The only point I make is that no one really knows what would happen, so do not dismiss the danger.
A completely separate argument is whether 90% of ‘Murikans would die without power within a year. I think that’s high and Puerto Rico seems to confirm that, but it would be devastating beyond any catastrophe ever endured in this country, period.
With JPM total assts of $2.49 trillion, and Goldman Locks total assets of $860 billion, combined they could and would corner bitcoin for their own survival. Goldman mysteriously had its crypto currency patented prior to bitcoins hudreds of patents collecting dust in the patent office, apparently waiting for a banana republic bribe for completion. JPM said that it would offer future options to clients for bitcoin. That was really nice of JD.
https://www.google.com/amp/s/www.cnbc.com/amp/2017/11/21/jpmorgan-reportedly-getting-into-bitcoin-futures-trading.html
The surveillance FBI may actually prosecute for this, since the police “pedophilia for the children websites ”
take bitcoin. Pensions are counting on bitcoin bullishness.