marxbites

Surprising Call for Return to the Gold Standard

One Huge lunatic you are Mr Hand!!!

> no wonder we are screwed up. if mr. Driscoll thinks that bubbles
> can be prevented by going to a backed currency i have a bridge to
> sell him in brooklyn. i would like to remind Mr. Driscoll we were
> on a gold standard in 1929.

> bubbles are part of capitalism.

#1 Capitalism DOES NOT cause bubbles anywhere close to what Fed & Banker manipulations have. Monetary expansion in the 20's, with a overdone contraction is what torpedoed the market in '29. AND it was done on PURPOSE so bankers could scoop RE for pennies on the dollar among other atrocities.

#2 America may have officially been on the gold std in 29 but the FED was still printing fiat in excess of bullion. The WAR did NOT end the Great Depression as consumption remained flat. It was business finally being able to see a cessation of Govt caused uncertainty in the future.

Go to the Ludwig von Mises Institute and learn ALL about money, banking and the crooked FED who has been robbing American wealth for 100 years with interest and inflation, neither of which burdened the people with a REAL specie currency that is also unmanipulatable by the private bank and their puppet politicians emplaced for bankers and their shills (govt) max profits.

mises.org - free mp3's and video lectures on American history and the Austrian economics that pegged Central Banking and it's created "business cycles" as he warned the world of the rise of the fiat financed Euro-dictators succumbed to Int'l Banker's perpetual indebtedness - AS ALL the World suffers under now.

Hand - you are plainly indoctrinated. Get the education Govt least wants you to have at mises.org