Re: Why Central Banks and DEBT-Based Fiat is ultimately doomed to fail.

[Ron~Popeil]

you shoudnt get all your education about economics from blogs and youtube videos.

Except when you get it at school they leave out parts like,

Debt as money
The gold Standard
The creation of the FED
The Fed is Privately owned


See where I am going with this?

The wisdom of crowds phenomenon is very real. one of the great things the internet has done is to allow us to share unfiltered information and form opinions around something other than a carefully crafted media-government information stream. The wisdom of crowds completely destroyed the lipid hypothesis for instance when independent scientists had a medium to share information directly with the people. 

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[asdf1234]

you shoudnt get all your education about economics from blogs and youtube videos.

Except when you get it at school they leave out parts like,

Debt as money
The gold Standard
The creation of the FED
The Fed is Privately owned


See where I am going with this?

i learned about all of this in school and collage.

i just mean that ppl should should try to understand the current system before they criticise it.

it just hurts when ppl get the basics plain wrong.

you shoudnt get all your education about economics from blogs and youtube videos.

Except when you get it at school they leave out parts like,

Debt as money
The gold Standard
The creation of the FED
The Fed is Privately owned


See where I am going with this?

The wisdom of crowds phenomenon is very real. one of the great things the internet has done is to allow us to share unfiltered information and form opinions around something other than a carefully crafted media-government information stream. The wisdom of crowds completely destroyed the lipid hypothesis for instance when independent scientists had a medium to share information directly with the people.  

the majority isn't always right.
especially when false information gets spreaded around.

[RoadTrain]

Oh Lord, another mind-blowing gibberish.
Try to make your facts straight before making statements.

[Slingshot]

Currency War: 140 Years of Monetary History In Ten Minutes

http://www.zerohedge.com/news/2014-06-13/currency-war-140-years-monetary-history-ten-minutes



 And as for any Gold based currency schemes their doomed to fail too. Bankers and Governments will eventually
fall to temptation and end up printing more physical notes (dollars, etc.) than there is gold in the vaults.

 To date: By far the strongest Store of Value every created and devised is Bitcoin, and/or it's time proven successors
as this grand Decentralized Digital Monetary Revolution continues. And nothing nor anyone can ever hope to stop it.

 The smartest money? Yea, we already jumped on board. Next comes the rest of the smart money, then all the others
finally trail in behind.

 Should Bitcoin ever prove too flawed to ever be fixable then it's successors will surely end up triumphant. But odds are
increasing extremely good that Bitcoin is much more than merely up to the tasks at hand, and will also stand the test
of a great length of time, many decades or even centuries of time.

 Bankers and Governments, just like anyone else, cannot be trusted with currencies and real money. They will end up
counterfeiting the currencies and raiding the real money (gold and silver). As well as manipulating the currencies and
real monies value.

 Hence the real need of Digital Cryptocurrencies.


 The clown(s) in this tread that don't yet get this, and come here with no credibility through newbie accounts are
absolutely displaying no sense of rational behavor. Hence why bankers are always the dumbest of the dumb money.
Example: Even with unlimited abilities to print for near zero costs they still end up losing other peoples monies that
 are intrusted to them to invest prudently and wisely.

 The Fed and it's Member banks today are wholly Insolvent. Might want to look up that term just in case one doesn't
know exactly what that means. Hint: a negative net worth.


 Crawl back under your rock scumbags!


 Myself: I believe is real money (gold and silver), and also in Digital Cryptocurrencies, after a large amount of research
and extremely prudent due diligence.

 Get a grip Banksters! Your rein is ending fast. So fast it will oversweep and destroy all of your hopes, dreams and legacies.



WATCH this Video at:
Currency War: 140 Years of Monetary History In Ten Minutes
======================================
http://www.zerohedge.com/news/2014-06-13/currency-war-140-years-monetary-history-ten-minutes


Caveat emptor - let the buyer beware!