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The Chip Board Archive 05

Re: This one is a better example...

Not a very good analogy, though, Jill. US coins and currency don't represent a debt anymore. There is no promise to pay anything, ever. If you take a dollar to the Federal Reserve bank, they will give you another piece of paper, or some tokens but will not give you "money" for it. There is no money but silver and gold. The government will not give it to you anymore unless you happen to buy it on the commodities exchange when they sell more of our national treasure for more unredeemable paper.

Think about it when you hear arguments of whether there really is a Social Security 'trust fund' with money in it. There is not.

Messages In This Thread

LE questions..........
Re: LE questions..........
Re: LE questions..........
Re: Here's my test...
Re: LE questions..........
GGRRRRRRRR mad
Re: GGRRRRRRRR mad
rofl ok! vbg rofl
Re: rofl ok! vbg rofl
But....
Re: But....
Re: But....
Re: But....
Playboy back-up rack??
I think Playboy called in their chips.
Re: Playboy back-up rack??
Re: Playboy back-up rack??
Re: Playboy back-up rack??
Re: Playboy back-up rack??
Re: But....
Re: But nothing!
Re: But nothing!
Re: But nothing!
Re: But nothing!
Re: But nothing!
Re: But nothing!
Re: But nothing!
Re: But nothing!
Re: But nothing!
Re: But nothing!
This one is a better example...
Re: This one is a better example...
Yeah I know...
Re: This one is a better example...
Re: This one is a better example...
Re: My Response was to Jill.....
Re: If you want a private chat with Jill.....
Re: We're done Larry.....
Re: If you say so.
Re: If you want a private chat with Jill.....
Larry grin
Re: Jill vbg
Can you always cash them in?......
Re: Can you always cash them in?......
Re: Can you always cash them in?......
Don, you little devil...
Dangerous Demons

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