On Thu, 28 Feb 2008 07:39:33 +0000, Larry wrote:

wrote in news:40f0ce6b-6e3f-4077-9606-f8ce1ce03af3
:

Some very smart people designed the functioning of the U.S.
government. It seems to be working fairly well much of the time....


To see how well this Federal Reserve faux system the international bankers
have imposed upon us, one only need to graph the value of it against the
international standard of value for the last 10,000 years:

http://kitco.com/LFgif/au3650nyb.gif

If one could find this chart dating back to 1913, when the international
central bankers took over the country, the left edge of the chart would be
so close to zero it would be indistinguishable.

Federal Reserve banknotes ARE just paper, as the graph clearly shows. They
bccome more accelerated towards complete worthlessness every day.

Of course it is paper. I doubt it is possible to have any other kind
of currency in this day and age. For example:

1st qtr 2007 Exxon's world earnings were about 9.8 billion dollars.
During the same period world gold production was approximately 611
million T Oz. and gold prices were about $650/ T Oz. or about 3.97
billion dollars.

If the world was on the gold standard there wouldn't be enough gold
produced to support the world's commerce.


Bruce-in-Bangkok
(Note:remove underscores
from address for reply)

Bruce in Bangkok wrote in
:


If the world was on the gold standard there wouldn't be enough gold
produced to support the world's commerce.



Simply not true. If we only had currency consistent with the amount of
gold available, the currency would be so valuable all prices would be
extremely low because the gold-backed currency would represent such a
high value. With value so high and prices so low, there would be plenty
of currency around to represent value.

Before the Central Bankers got control of it and ran the currency into
worthlessness to line their own pockets, it ran that way for centuries.

Bread, under that system, only cost a few very valuable pennies.

"Bruce in Bangkok" wrote in message
...


If the world was on the gold standard there wouldn't be enough gold
produced to support the world's commerce.


This is so true. We all experience this phenomena everyday. There just
aren't enough hours in a day to accomplish everything. We should go off the
time standard and lengthen the day to perhaps two or three full rotations of
the planet so we can accomplish what we want in one day. As we have more and
more to do, the days could be lengthened even more. The very idea of
immutable standards is for the birds. Just think of the boon to employers as
productivity ever increases and the "real" rate of wage payment goes down.
Countries could set their own clock rates to suit their own needs. Economic
activity could be adjusted just by setting the rate of the clocks. Economic
output a bit low? Slow the clock down! Economy overheating? Speed the clock
up! Wunderbar!