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onwebcam · 12-12-2008, 04:23 AM

Back then money was backed by commodities. Now there's no real backing. There isn't enough money in circulation, gold, silver, etc, etc to pay off all debt owed because there was never anything backing the buck. And compound on to this the bankers and brokerages had a secondary little racket going on in the form of CDS. This compounds the problem two fold.

12-12-2008, 04:23 AM
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 27,679	Back then money was backed by commodities. Now there's no real backing. There isn't enough money in circulation, gold, silver, etc, etc to pay off all debt owed because there was never anything backing the buck. And compound on to this the bankers and brokerages had a secondary little racket going on in the form of CDS. This compounds the problem two fold. __________________ PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete.