Quote:
Originally Posted by Finnster
When politicians start talking about "end the Fed" and gold standard and not printing money, this is what it looks like in the present economic situation. Bad idea.
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What is the source of inflation? Where does inflation come from?
The Government creates inflation through their so-called "Quantitative Easements".
It's strange how if I print money, I get locked up because it's a crime, but it's ok for the Government to print money out of thin air?
NO!! It's not ok to do that.
The more money they print out of thin air, the more they de-value the dollar. They are stealing from us, the tax payers, without even reaching into our pockets.
They print money, then "loan" it to us as low interest rate loans in order to bale out the housing industry. And we pay the government back for what? Because they have a printer?
But that's still not enough to feed the insatiable hunger of too much government!
As far as the bail outs go, they never should have been done.
It's time for some evolution to take it's course Gentlemen.
If you have wealth, put it somewhere solid or you're going to lose.
I do support the "END THE FED" movement. What they are doing is illegal.
It is unconstitutional and is something our founding fathers sought to prevent.
THAT is why they came up with the Gold Standard in the first place.
You can't get out of debt by printing more money, spending more money, or borrowing more money.
The ONLY way to turn debt around, is live within your means, cut spending, and then pay the debt off!