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Pulled this right off the internet - so it must be true!
LINK
I guess will be easier to panhandle for coins when no is left without a job?
LINK
I guess will be easier to panhandle for coins when no is left without a job?
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Last edited by chefcraig; 05-01-2011, 10:32 PM. -
I remember maybe 10-15 years ago there was talk of getting rid of the paper dollar in favor of a coin. Paper dollars have a very short life span and they must continuously make more.
The biggest opponent of dumping the paper dollar was Ted Kennedy. Turns out he had some very close ties with the people who make the specialty cloth/paper whatever that is used for the currency. Funny how that works.
I am in favor a switching to a dollar coin and eliminating the paper dollar. But only if they make the dollar coin the same size as the Eisenhower dollars. Stop making them the size of a quarter and maybe people would want them.“Great losses often bring only a numb shock. To truly plunge a victim into misery, you must overwhelm him with many small sufferings.” -
...and the price to make a dollar hasn't gone up in the last 3 years as this article states.
The value of a dollar has dropped....significantly.“Great losses often bring only a numb shock. To truly plunge a victim into misery, you must overwhelm him with many small sufferings.”Comment
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I have to go back and re-read the article. What they (I guess by "they" I mean the Federal Reserve) are stating the price of cotton has shot up significantly and since money is made partially from cotton...
I need to join a conspiracy cult.Comment
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“The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.”― Stephen HawkingComment
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Most the dollars produced are computer code. Only a small percent are actually printed by the US Mint. It's simply the Federal Reserve creating them on a computer and then transferring them to various banks. What cracks me up is everyone talks about being in debt to China. Well where did the Chinese money come from? The bank of China created it from nothing and loaned it to us. I will bet you anything the heads of all these international banks get together and collude while they make billions of people around the world run around. Someone is scratching someone's back behind the scenes and at the top of all of this. Why would China loan us money and why would we accept it if members of both central banks didn't benefit in some way?No! You can't have the keys to the wine cellar!Comment
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Money needs to be backed by gold & silver.“Great losses often bring only a numb shock. To truly plunge a victim into misery, you must overwhelm him with many small sufferings.”Comment
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“Great losses often bring only a numb shock. To truly plunge a victim into misery, you must overwhelm him with many small sufferings.”Comment
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I realized I fucked up on the title of this thread.
Oh well. Carry on.Comment
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“The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.”― Stephen HawkingComment
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I couldn't get the link to work, either.Comment
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Anything can be money as long as it's accepted in the trade. What happened with the dollar is it was backed by gold and silver originally, then the country grew into an economic powerhouse, then the Federal Reserve act got passed, and then we became the oil reserve currency, then Vietnam happened and we couldn't afford it, so Nixon took us off the gold standard to pay for the war and the Fed went crazy printing money coasting on the good reputation of the US Dollar until they killed it. That's what happened.
The Vietnam War is what broke the back of the country. Ever since Lindon Johnson became president, the country went into a steady decline. It went into hyper decline when George W. Bush became president.Last edited by Nitro Express; 05-02-2011, 01:16 AM.No! You can't have the keys to the wine cellar!Comment
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