Re: Jewelry-stores become USA treasury as the govt goes broke on mounting deficits; Deak Perrera + Jewelry stores the biggest new franchise

From: core_ (danonqspam_at_pnotspamd.net)
Date: 02/28/05 

Date: Mon, 28 Feb 2005 05:01:30 -0500

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On Sun, 27 Feb 2005 14:11:53 -0600, Archimedes Plutonium
<a_plutonium@iw.net> wrote:

>
> Mr. Bush is talking about private accounts for social
security. To me,
> the only way to guarantee that money saved now will buy food
some 10, 20
> or 50 years into the future is gold. It fluctuates wildly in
awful times
> of economy but it requires "no brains" that the stockmarket
requires.
> Buy gold and stash it away is the best guarantee that one will
be able
> to eat food in the future.
>

It is true that we would be much better off with a gold
standard. But if we all invested our fiat money in gold now,
we'd have to sell it to convert it into fiat money when the
inflation comes. And then you're dealing with supply and demand
when no one wants to buy.

Now would be a better time to *sell* gold because it is low
compared to what it will be, and when it goes up, no one will
want to buy it from you.

Unless you are trying to increase your net worth in fiat
currency, in that case, *buy* gold...

> Where they sell jewelry
> and other art but most important is that as the USA currency
is
> destroyed that these jewelry stores become the offices of the
"real
> money".
>

When the currency is destroyed, people will either be forced to
start bartering illegally or wheelbarrow around money, and there
will be one of two options:

1. Go back to a gold standard. People may not like this because
it requires that people and government be thrifty and
responsible or otherwise another Depression happens.
2. Exchange fiat currency for different, higher-valued fiat
currency so that the same thing happens again 100 years later.
This is likely what will wind up happening.

>
> I can even envision a day in which you walk into Walmart, or
Safeway, or
> Albertsons, or HyVee grocery stores and where they accept a
gold ring to
> pay for groceries and not paper dollars.
>

Barter is taxed by the IRS, unfortunately. That's how they trap
you.

> Sounds extreme, I know, but would it have sound extreme if
someone in
> year 1905 had written and predicted that the USA would be
broke by 1930
> with bread-lines and 40% unemployment and a Depression. No-one
would
> have believed such a sirenic call in 1905. Ironic that gold
was active
> in the 1930-1940 where the problem was the money was "too
good" and
> industry and government were the economic weak points. For
today it is
> the opposite in that money is getting worthless because of the
> government actions.
>

The reason the Depression happened was because people were being
irresponsible with their money at a time when that wasn't
allowed.

>
> One of the largest reasons the Europeans did not want to go to
war in
> Iraq was because wars cost too much money. And Mr. Bush is
finding that
> out just now as he sees that he cannot pay for wars and keep
> SocialSecurity and Medicare afloat.
>

President Bush doesn't really care about what things cost; he
only cares about pleasing the people to win votes for his party.
He is a pure politico. Occasionally, he is able to get away with
radical things like "spreading democracy to the world" i.e. the
War in Iraq, but if you look at stances on immigration, "family
values," etc. he is just a politician.

> That is why I keep harping that the military aspect of keeping
global
> peace should reside in a M.A.D. Fleet concept where rich
countries all
> contribute money and men and supplies to the M.A.D. Fleet
which would
> now be solving NorthKorea, Iran and any other tin-badge
country that
> proliferates nuclear weapons.
>

A better idea would be to have M.A.D. by rather than disarming
all countries, arming all countries with nuclear weapons. This
way, if somebody's ally or interest just happens to get nuked,
all hell breaks loose. That would *guarantee* global peace.

Compare gun rights issues. The gun people say that if everyone
had a gun, we would be safer because criminals would get them
anyway and we would be able to protect ourselves. The same
applies to nations; nations like Iran would not be able to use
nukes for terrorist purposes, because they'd be destroyed by
Europe and the US. Likewise, we wouldn't be able to use nukes to
abuse our power and threaten people with unnecessary "spread
democracy" wars, either. The nukes would simply be *there.*

Look at how this is working right now with North Korea; they
have built nukes and threatened to attack if we attack, and Bush
has not gone after them for the purposes of "spreading
democracy," simply because he is afraid his country will be
nuked. If North Korea had no nukes, they would have suffered the
same fate as Iraq.

What Bush is doing now by trying to disarm countries is simply
aggravating these countries and putting us all in danger.

- --

- -core_

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