Friday, January 4, 2013

The Trillion Dollar Coin Solution

Platinum is too expensive. It should be made out of copper. No that is too expensive, make it out of plastic Better yet, just make it out of paper, or even better just type in $1,000,000,000,000 into a computer.

"All paper currencies are toilet paper, the dollar is simply two ply." - Thomas Caplin
"All the perplexities, confusion and distress in America arise not from defects in the constitution or confederation, nor from want of honor or virtue, as much from the downright ignorance of the nature of coin and circulation." - John Adams in a letter to Thomas Jefferson
"We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people." - Daniel Webster, speech in the American Senate, 1833 
"Money is a new form of slavery, and is distinguishable from the old simply by the fact that it is impersonal, there is no human relation between master and slave." – Leo Tolstoy


"Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: 'Account overdrawn.'"  - Ayn Rand

2 comments:

  1. Until/unless the Fed Reserve is eliminated/ leashed, and we get campaign finance reform, we'll continue to get the best govt that
    money can buy.
    But going back to gold is not the answer:
    "He who has the gold, makes the rules"
    Ref Bill Still's noted youtube documentary:
    'Secret of Oz'.

    ReplyDelete
  2. Hmmm....or those That make the rules own the gold...and everything else including you!

    ReplyDelete