why is gold and silver going down right now?

Then why make a post where you say you are not here to be tested by me? Obviously you didn't do this.

 

Log in or Sign up to hide this ad.

Haha. You just registered on the forum. Are you an alterego or somebody previously banned?

 

Well then go ahead and ask your question and we'll see where it goes.

 

I won't say that present day Detroit reflects present day America and I did go too far when I blamed all its issues on fiat money. However my original point about what was possible with the gold standard still stands. A bunch of claims were made, that were not true about the use of the gold standard, and that photo of Detroit proves it. Those scenes were repeated across America in all of the cities of the day.

Conclusion under a gold standard, vast economic expansion does occur including industrial expansion. Fiat money issued by banksters and the government is not necessary at all. The photo does not lie.

 

You mean you don't know?

 

I will repost it.

And this

 

I see a lot of criticism and accusations, but no real questions. If you would like to write a correctly formulated interrogatory sentence, then I'll try to help you. If you want to repost your error-ridden earlier attack messages, then I doubt anyone can help you.

Also, I never said that fractional reserve banking was the same thing as the Real Bills Doctrine. I indicated that they both carry out the same type of function in the banking system, and either one or the other is necessary. Since I wasn't addressing you, perhaps you are confused. My exact words were "Under any sort of economy more developed than feudalism, there must be either fractional reserve banking or the circulation of real bills."

I hope that helps.

 

Again, you must realize that I wasn't speaking to you. This isn't difficult stuff. Please read comments in context and you will help yourself a lot.

 

In response to this, I asked that you give an example. It's posted above again and again. I also asked that under "fractional reserve banking" on a gold standard, explain where the extra gold comes from to pay the bankster's interest. This is about the 5th or 6th time these questions have been asked yet you have yet to answer it.

 

As I've said, if you have a question for me, ask it. Don't expect to butt into other threads half way through and expect to change the topic, then accuse other people of not responding to you. Just act like and adult and you will be treated as one.

 

Irrelevant. You were still making a post about me instead of the topic.

 

Do you not understand that to just state "give and example" with no context is impossible to answer. This isn't a question.

 

Exactly, it was about you and not some topic you wish to discuss. You're getting slightly closer to understanding.

 

Let's take this part. The interest comes from the person who borrowed the money, whether payable in gold or fiat. If that answer is not sufficient, then you need to add more context to your question.

Edit: I would also add, since you seemed to be confused by prior posts, that fractional reserve banking is generally associated with fiat systems, and the circulation of real bills with a gold system. You mixed the two in your question so you may want to go back and review before trying to formulate a clearer question.

 

Gold and silver are down right now because the Government wants it that way! The Gov't holds tons of gold and with that much wealth it's fairly easy to sway or control the price of gold. They don't control it with the tons of gold they control the price with cold hard cash. At least to a certain extent. This is something I heard a long time ago and even though I don't have a link I can refer you to all you gotta do is realize that Governments around the world have more gold than anyone so it stands to reason that they would have some control. After all, they are the ones who stand the chance to lose the most. I'm just sayin'

 

Still fighting the good fight I see Cloud. You're far more patient with some than I am.
Guy

 

This wasn't the question but I restate it in hopes of making it more clear. Obviously for a banker to exist in the fractional reserve model you are suggesting exists under a gold standard, the borrower must pay interest, or the bankster goes out of business. The question is for you to explain, in an example, how it works. The example should covers where the gold comes from to cover the interest. If you can't do this, then I contend, that you are offering up an opinion.

I have a second question, even simpler than that one. Under a gold standard does the bankster ever loan out real gold coins?

 

I do it more in the hope that pointing out fatima's errors might help others.

 

you are the topic. The topic was beaten to death 3 months ago.

 

[plz delete]