DFF
Banned
- Joined
- Jan 13, 2008
- Messages
- 3,348
Ron -
Most people, when they hear you talking about the Gold Standard, don't know why you endorse it and why it's superior to the fiat dollar and how our current monetary system is hinged on Petroleum. I was wondering if you could please clarify this for the sheeple during your next speech.
Example:
Sincerely,
Jason
Spring, TX
Most people, when they hear you talking about the Gold Standard, don't know why you endorse it and why it's superior to the fiat dollar and how our current monetary system is hinged on Petroleum. I was wondering if you could please clarify this for the sheeple during your next speech.
Example:
DFF said:"Right now, our dollar is primarly backed by Petroleum AKA 'The Petro Dollar'. OPEC countries sell their oil almost exclusively in U.S. Dollars. This is what props up the dollar. If these countries began selling their oil in Euros, however, like Iran already has, our currency would crash and the U.S. economy would be in dire straits. This is why we need to go back on the Gold standard, so we'll have a rock solid currency that even in the event that OPEC began trading their oil in Euros, we'd come out fine. Furthermore, the Gold Standard would act as a check against Congress, preventing them from running up huge deficits which you and I, the taxpayers, are accountable for."
Sincerely,
Jason
Spring, TX