If 90% of businesses can only continue to function by accumulating debt then 90% of businesses should never have been started to begin with....
I do understand this. However I disagree with loaning out money that does not belong to you, plain and simple. Maybe this would ruin the banking...
The money they earned from having a profitable business model. The ones that don't do sound business would go away, rightfully so.
Well you can either sift through mountains of bull on the Internet to find the few gems of truth, or you can believe everything on the boob tube...
It only prevents them from borrowing money into existence. Since they would only be able to borrow money from people who actually have money, and...
They can just as easily profit from you by buying your silver for 3-5 dollars less than they would sell it to someone else for. There is no...
If dollars can only be created when the gold actually exists to back them up, as in not out of thin air to expand the money supply on a whim and...
My book is published every day for free throughout the Internet. I do what I do to help people, not for personal gain. The best part is even if I...
There's no reason this can't be done with a gold standard. You are correct that they can't collect income tax if we are using gold directly, but a...
My thoughts exactly. In an environment where nations around the world are in a race to debase their currency to pay off an exponentially growing...
This is why gold laced paper currency makes a lot of sense to me. Having the gold standard built into the money, just like with gold and silver...
I pretty much stick to 1 oz coins that I can get for closer to $5 above spot in this regard. I did spring for a couple PM dragons because they...
Well said and I almost entirely agree with you :) but I do consider gold an investment, even if most people are in it for speculation, because it...
I think it depends on using gold as currency vs. using a gold backed paper currency that will still function in the credit world, or maybe even...
It's not that they can't collect income taxes, it's that people will fly under the radar to avoid it, but as you've said since there is little...
Let me explain my thought process and take from it what you will. The housing bubble was bigger than the tech stock bubble, and the current bubble...
Let's see if I can be more articulate. There has been a succession of bubbles drawing in people's money throughout the last 12-13 years. Maybe not...
I don't think we've had capitalism for a while now. When the government takes from one class to give to another that's called socialism or...
They are succeeding in bypassing use of the USD for oil transactions, through either bilateral currency agreements or using gold. This does not...
These are all great points, and that the concerns you had back in the 70's are still concerns today shows that they can coexist with a decline in...
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