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re: America's greatest enemy is debt--
Posted on 9/23/18 at 7:50 pm to I B Freeman
Posted on 9/23/18 at 7:50 pm to I B Freeman
I do agree with you that without the backing of gold and silver, the dollar is more vulnerable.
Globalism places the interests of the world, particularly the worlds elite, above the interests of the United States and its citizens. I guess in a way our debt falls into this equation. Foreign influence in America is much larger than most people realize. And no, I'm not talking about the Russian collusion. News, banking, and social media for example. Foreign powers have a direct influence on daily American lives and shift the narritave as they see fit.
Globalism places the interests of the world, particularly the worlds elite, above the interests of the United States and its citizens. I guess in a way our debt falls into this equation. Foreign influence in America is much larger than most people realize. And no, I'm not talking about the Russian collusion. News, banking, and social media for example. Foreign powers have a direct influence on daily American lives and shift the narritave as they see fit.
1
Posted on 9/23/18 at 8:15 pm to TigerMan79
quote:
I do agree with you that without the backing of gold and silver, the dollar is more vulnerable.
While I understand the gold standard and it's virtues I am not an avid gold standard guy.
We could accomplish the same thing as having gold back currency by having an enforceable balanced budget amendment. This would limit the growth of the supply of dollars making the dollar more predictable in value I think.
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