The Inside Assyria Discussion Forum #5

=> yes but....

Posted by aheist (Guest) - Saturday, July 31 2010, 2:10:02 (UTC)
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...my point was that sooner or later we all have to recognize that money is based on nothing at all....and governments must print their own...under no circumstances imagineable would they do a worse job than private banks have.

So long as there is work and workers and goods and services, printing money will not cause inflation...inflation is built into the system we have now...but even if there was...even if, as banks threaten, prices would double and triple and grow even one thousand times higher....so what? Money isn´t backed by anything tangible...all you have to do is raise salaries the same amount until the absurdity becomes painfully obvious.

Eggs are going to cost $1000 each? Okay, fine....so what. Raise salaries to the point where those egss are as affordable as they were when they cost ten cents each....big deal.

Gold and silver and oil are not the problem...the problem began when private bankers offered to bankroll governments and bought off enough politicians to get away with it...after that it doesn´t matter what they "back" their worthless paper with.

That´s the crux of the problem.

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The full topic:

if cars ran on goat cheese... aheist - Friday, July 30 2010, 14:16:00 (UTC)
- Re: if cars ran on goat cheese... Tiglath - 07/31 01:02
  - yes but.... aheist - 07/31 02:10
    - Re: yes but.... Tiglath - 07/31 08:52
      - Re: yes but.... aheist - 07/31 13:56
        Re: yes but.... Tiglath - 08/01 09:43
        Re: yes but.... ahteist - 08/01 15:16
        Re: yes but.... Tiglath - 08/12 14:43
        but yes... atheist - 08/12 15:35

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