goldstriker

The End of the Economy As We Know It?

Truer words were never spoken! --- In the 1920's all dollars were convertable to gold. That in itself limited the power of the feds to expand their central government. Then when we went off the gold standard in 1935, fiat money was created and grossly expanded. Then the final act of the creation of fiat money was the removal of the dollar backed by silver in 1964.

Now the bottom has fell out and they have totally lost the confidence of the American people as well as the rest of the world. We are on a track that will lead us over the edge of the cliff, and who knows if we will survive the true capitalist system.