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$20,000 Gold and the End Of “Pollyanna-ish Do-Goodery”
“They just won’t let the scales balance… it is a rampant narcissistic megalomania that somehow some guy in a air-conditioned office can best repliacte the free market and centrally plan our affairs… Their starry-eyed pollyanna-ish do-goodery never seems to pan out.“
An Exclusive You Have To See: The Last Frontier of Free Press Is Here! No More Censorship, Unlike YouTube and Others!
In the flux of never before seen economic uncertainty, Stefan Molyneux and Mike Maloney discuss the difference between currency and money, the historical role of gold as money, the dependence of the United States government on Wall Street for tax revenue, the role of the Federal Reserve in the creation of unstable economic bubbles, the possibility of deflation, $20,000 gold and how you can protect yourself in these uncertain economic times.
An Exclusive You Have To See: The Last Frontier of Free Press Is Here! No More Censorship, Unlike YouTube and Others!
Source: http://silveristhenew.com/2015/12/19/20000-gold-and-the-end-of-pollyanna-ish-do-goodery/
when the paper will not be worth anything, how to estimate the value of an ounce of gold?
And who wants to sell us water, food and clothing in exchange for gold ?
it would be better to ask these questions now.
It is only worth what two people decide it is worth (as it should always be) as it has always been in the past. The value is in the possession and in the determination of said worth. Precious metals i.e. Gold and Silver, has always had a transaction value for over the past 6000 years.
Paper value has really only been in use for a couple of hundred years, but has been very minimal until about 75 years ago.
greedy basterds thats WHO they will allways be around