Re: Why Its Pointless To Argue With Global Warming Believers

In article <da6dnVHjVMdqRQjZnZ2dneKdnZydnZ2d@xxxxxxxxxxx>,
GreyCloud <mist@xxxxxxxxxxx> wrote:

ZnU wrote:

In article <24Gdnd59PrVJAAjZnZ2dnUVZ_qydnZ2d@xxxxxxxxxxx>,
GreyCloud <mist@xxxxxxxxxxx> wrote:


ZnU wrote:


[snip]


Once again, gold-backed currency wouldn't help at all with increasing
gas prices.


It would have if the Federal Reserve was not in existence.
Seeing that both are physical commodities and have value.


Look, you're really not making any sense here. What you seem to be
saying is that the price of gold can't change reletive to the price of
other commodities. This is obviously complete nonsense, and illustrates
that you really haven't got a clue about this stuff, and I've probably
been wasting my time.

No, with the FR in place, commodities like Gold and oil change due to
the current political climate.

Please describe the political manipulation which is causing the price of
oil to rise. Make specific note of how fiat money is necessary to this
scheme.

And like Silver, prices can be manipulated. All that the FR has done
is to put people and the country into perpetual debt because in order
for money to circulate the government has to borrow it from them.

The federal reserve system does not require the government to borrow
money and spend it into circulation; any entity can do so. If anything,
massive government borrowing tends to screw the system up, because it
often means there's more money being borrowed (and therefore created)
relative to the amount of wealth created, which causes inflation.

Moreover, just to reiterate, there's absolutely no reason the government
couldn't go into debt with gold-backed money. And, in fact, the
government *has* had more debt as a percentage of GPD in the past, with
gold-backed currency.

[snip]

Only to people that have only lived in a paper money society does it
make it look that way. If you've lived in a different society with
different laws about how money is created, that view would be different.


What view would be very different? The general public barely noticed the
transition.

That's the problem. The general public doesn't know the difference and
really is expecting the government to handle the problem without really
understanding how the system works.

The government is doing a fairly good job of it.

--
"Those who enter the country illegally violate the law."
-- George W. Bush in Tucson, Ariz., Nov. 28, 2005
.

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