[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Pfizer bribery probe dropped after ex-company lawyer Pam Bondi takes over DOJ in February 2025. Life Expectancy of Covid-Vaxxed Plunges by 30 Years Trump Signals Support For New Israeli Attack On Iran Report? Keir Starmer reveals where his family is really from (Real) 10 Non-Tax Policies In Trump's Megabill That Will Affect Americans 10 Non-Tax Policies In Trump's Megabill That Will Affect Americans The Global Debanking Crisis Exposed! Banks Are Now Weapons Against Free Speech Italian Government Warning of a Super Volcano Tucker Carlson: Fox News & neo-cons are LYING about Trump and they’re keeping us in endless wars. Tariff Windfall Drives Surprise $27 Billion US Budget Surplus In June Tucker Carlson Reveals Who He Thinks Funded Jeffrey Epstein's Crimes Russia's Dark Future A Missile Shield for America - A Trillion Dollar Fantasy? Kentucky School Board Chairman Resigns After Calling for People to ‘Shoot Republicans’ These Are 2025's 'Most Livable' Cities Nicotine and Fish Genocide Summer Camp, And Other Notes From The Edge Of The Narrative Matrix This Can Create Endless Green Energy WITHOUT Electricity Geoengineering: Who’s Behind It and How We Stop It Pam Bondi Ordered Prosecution of Dr. Kirk Moore After Refusing to Dismiss Case California woman bombarded with Amazon packages for over a year CVS ordered to pay $949 MILLION in Medicaid fraud case. Starmer has signed up to the UNs agreement to raise taxes in the UK Magic mushrooms may hold the secret to longevity: Psilocybin extends lifespan by 57% in groundbreaking study Cops favorite AI tool automatically deletes evidence of when AI was used Leftist Anti ICE Extremist OPENS FIRE On Cops, $50,000 REWARD For Shooter With great power comes no accountability. Auto loan debt hits $1.63T. 20% of buyers now pay $1,000+ monthly. Texas delinquency hits 7.92%. Quotable Quotes from the Chosenites Tokara Islands NOW crashing into the Ocean ! Mysterious Swarm continues with OVER 1700 Quakes !

Editorial
See other Editorial Articles

Title: I will pay you $1,000
Source: [None]
URL Source: [None]
Published: Sep 26, 2008
Author: me
Post Date: 2008-09-26 08:56:48 by Itisa1mosttoolate
Keywords: None
Views: 329
Comments: 13

if you can prove that the United States Dollar is backed by gold and/or silver.

All the Treasury needs to do is use paper and ink and printing presses to make "money."

Post Comment   Private Reply   Ignore Thread  

#1. To: Itisa1mosttoolate (#0)

I don't believe that the US government makes such a claim.

Antiparty - find out why, think about 'how'

a vast rightwing conspirator  posted on  2008-09-26   9:05:30 ET  Reply   Trace   Private Reply  

Which claim is that?

real-debt-elimination

Itisa1mosttoolate  posted on  2008-09-26   9:13:37 ET  Reply   Trace   Private Reply  

The dollar has not been backed by gold since August 1971 when Nixon closed the gold window. However, we have not been a pure fiat currency since then, because we instead went to a de-facto "petrodollar standard". This is why it's been so important to keep every petroleum exporting country accepting our dollars for their oil. When Saddam took started accepting euros for oil, we had to demonize him and ultimately invade Iraq. Now Iran is accepting euros for their oil, and guess who we're going to attack next?

So long as the NYMEX in New York and the IPE in London take dollars for oil, and they handle the vast majority of oil transactions, the dollar has something backing it. The moment that falls apart, the dollar will revert to its true value, which is basically the value of the paper its printed on.

Gold and silver are REAL money, paper is but a promise.

Elliott Jackalope  posted on  2008-09-26   9:19:49 ET  Reply   Trace   Private Reply  

Huh?

robnoel  posted on  2008-09-26   9:20:22 ET  Reply   Trace   Private Reply  

Come on Rob you know better than that.

real-debt-elimination

Itisa1mosttoolate  posted on  2008-09-26   9:26:37 ET  Reply   Trace   Private Reply  

FDR goes off Gold Standard in 1933

real-debt-elimination

Itisa1mosttoolate  posted on  2008-09-26   9:49:12 ET  Reply   Trace   Private Reply  

I still don't get your statement whats the point with the link to Liberty Dollars ?....which is a scam wrapped in patriotism

robnoel  posted on  2008-09-26   10:49:59 ET  Reply   Trace   Private Reply  

I'll pay $2,000

if you can prove that the United States Dollar is backed by gold and/or silver.

All the Treasury needs to do is use paper and ink and printing presses to make "money."

real-debt-elimination

Itisa1mosttoolate  posted on  2008-09-26   16:47:15 ET  Reply   Trace   Private Reply  

I still don't get what you saying to be correct the gold dollar relationship ended for Americans in 1933...whats your point?

robnoel  posted on  2008-09-26   17:59:26 ET  Reply   Trace   Private Reply  

My point

It's just paper and ink

real-debt-elimination

Itisa1mosttoolate  posted on  2008-09-26   18:10:25 ET  Reply   Trace   Private Reply  

U just figured that out?

robnoel  posted on  2008-09-26   20:04:41 ET  Reply   Trace   Private Reply  

All the Treasury needs to do is use paper and ink and printing presses to make "money."

David Blaine should try that for his next grand illusion.

David Blaine should the next fed chairman (if he meets the religious pre- requisite).

AIPAC/PNAC/ADL/NAACP/FEDERAL RESERVE/SPLC/JINSA/ACLU/CHRISTIAN ZIONISTS/AEI/FEDERAL MEDIA & HOLLYWOOD: Oh, those Islamofascists.

wbales  posted on  2008-09-26   20:12:42 ET  Reply   Trace   Private Reply  

I didn't 'just' figure it out, I've known it for a long time.

I was just answering your "What's your point?" question.

real-debt-elimination

Itisa1mosttoolate  posted on  2008-09-26   20:12:53 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]