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The Forum > General Discussion > Utah goes for gold and silver currency.

Utah goes for gold and silver currency.

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its not..what people have..
in their pockets+penny jars

my hope was govt would gift..some pennies to its people
much like rudds bailout..

but to the numbers/quoted
from

http://www.visualeconomics.com/the-value-of-united-states-currency-in-circulation/

informs the total currency[coin and notes]=
""In 2008, the total value of all U.S. bills, including federal reserve notes and currency no longer being issued, was $853.2 billion.""

[my TOTAL number
800 billion from memory was close]

further on it says this
''The total number of all of the coins was 2.585 trillion.''

so many might be one cent two cent dimes nickles etc
but lets say they were all one cent..the value would shift
from whatever the number really is..[feel free to speculate]

i was only..quoting from memory
and the combined number previously posted
in lue of a specific...number ..is enough to make my point

any rebutal..would nessisarilly have had to present
the true number
to refut my number...

in lue of your supplying a number
i now have clarified

and will..give you acturate numbers
when you give me the full numbers

for now..read

""2009 Circulating Coin Production

The number of coins that are dated 2009
is made up of 1.65 trillion pennies,""
their value to its people would go from
16.billion
to 165 billion

the""86.64 million nickels,""
current face value=430,000
divide by 5
multiply by 10
new values=4.3 million

the"146 million dimes,"
current face value/1.46 million
multiply by ten
add in a decimal point
new value=14.6 million

anyhow im not a math wizzard like you

do your own math
quote""379.12 million quarters,
3.4 million 50-cent coins and
322.98 million $1 coins.

Of the $1 coins, 271.88 million are presidential coins
and 51.1 million are Native American coins.""

i dont care what you think is feasable
the true facts..must be regarded as factual
just as an honest/money must reflect true values

ok the paper values stay as is

but in the nickle and dimes
lies a salvation..of sorts
for those seking to do the right thing

that is only fair
only the unfair can refut
the fairness i have tried to present
Posted by one under god, Monday, 18 April 2011 3:45:24 PM
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aint this intersting?

tried to go to
http://www.facebook.com/KeiserReport

to get a link..for yesterdays show
as the one broadcast free to air here
edited out the first bit..

[where max
and the femail hostess do thier thing]
updating the last few days of market raqueteering/scandel etc

[some huge things happening..from usa debt downgrading from aaa
to more banks going bust..as well ass so much opther stuff i couldnt bebotherd to post the links..[visit the whats really happening site and see]

anyhow finally got to the page
so its either this one
http://www.facebook.com/l.php?u=http%3A%2F%2Fyoutu.be%2Fgec9XndupiQ&h=08089

or this one
http://www.facebook.com/l.php?u=http%3A%2F%2Fyoutu.be%2F0z7InFcD5v0&h=08089

i have noticed over time
simply beginning to write about the convolutions
seems to remedy acces problems

so dont say blogging has no affect

do check out whatsreallyhappening.com
go back a few pages..things are moving fast
Posted by one under god, Wednesday, 20 April 2011 10:27:10 AM
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I love numbers. Don't you, one under god?

I especially love this one:

"2009 Circulating Coin Production: The number of coins that are dated 2009 is made up of 1.65 trillion pennies..."

Wow. In one year of production, the mint produces enough one cent coins to put 5,500 of them into the pocket of every American citizen, man, woman and child.

One year!

That is a staggering statistic, is it not.

Tell me, do you actually believe it?

I don't. So I did some checking, as is my habit.

"...the U.S. Mint has produced more than 312 billion pennies over the past 30 years for distribution to depository institutions by the Federal Reserve. More than 114 billion pennies are estimated to be in active circulation throughout the United States today, which equates to almost 426 pennies for every man, woman, and child in the country. In 1999, the Mint will produce 13 billion pennies to meet the additional needs of the public."

http://data.newyorkfed.org/banking/circulars_archive/11182.html

OK, so that was 1999. Why would they feel the need, a mere twelve years later, to increase production from 13 billion to 1.65 trillion? That's a factor of 127.

>>anyhow im not a math wizzard like you<<

Never a truer word.

So, what do you think, one under god?

>>i dont care what you think is feasable
the true facts..must be regarded as factual<<

So is it a "true fact" that every US citizen has six thousand one cent coins rattling around in the pocket or purse. Or nappy, of course, since the population includes babies.

Tell you what. If you believe that, it certainly explains why you believe Arjay's 9/11 theories.
Posted by Pericles, Wednesday, 20 April 2011 2:47:31 PM
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per's quote''1999,the Mint will produce 13 billion pennies to meet the additional needs of the public."<<http://data.newyorkfed.org/banking/circulars_archive/11182.html>>OK, so that was 1999.""

yes..aint it clever how EVEN you couldnt find the right number
THE BEST even YOU could find..was 1999...

i can only go by the numbers that showup in my search reasults
[just as you can]..you founf the numbers for 1999..[i found the numbers for 2009]

and as you so cleverly point out
they are different

a point i pointed out
''in lue of your supplying a number
i now have clarified
and will..give you acturate numbers
when you give me the full numbers""

so you couldnt* find
the actual numbers

and mine seem a worry

thats plenty 'enough'..
for rebutting the basic concept..[lol]

noting you still havnt provided the current
real numbers

nor attempted to fill in the real numbers
for all the coin

we both gave links

you trust the fed
but the best they gave YOU
was 1999..numbers
[and that dont seem suss to you]

try reading some links at
http://whatreallyhappened.com/

there are worrying things happening

i note you have nothing to say re max keisers report's
so nothing has changed..usa is still going to go bust
http://www.activistpost.com/2011/04/debt-warning-rocks-us-economy.html

its still lending dollars at 2%...then giving it to mates at zero

income has quadrupled for the top 400
and their tax payed halved
http://www.themysteryworld.com/2011/04/report-in-12-years-income-for-richest.html

thats win win

ps obama has prepared for spring riots
http://track-cell-phones.com/?p=155

american jobs are gone
http://www.whitehouseforsale.org/documents/102804offshoring.pdf

The US Government took your jobs,
so that the bankers could take your homes,
and make you think it was all your own fault!

Here we are in 2011 with a 46% employment rate and a 60 year low in tax revenues while the government scratches their head, wonders what the hell happened, and goes right back to showering money all over Wall Street, Israel, and the Military-Security-Industrial complex.!
http://www.benzinga.com/press-releases/10/12/b661910/the-hackett-group-acceleration-of-offshoring-trend-driving-loss-of-mill
http://www.progressiveliving.org/editorial_offshoring_American_jobs.htm

http://www.activistpost.com/2011/04/are-rising-oil-and-food-prices-scam.html
but why bother
your too clever
Posted by one under god, Wednesday, 20 April 2011 4:38:01 PM
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Dear oneundergod,

With one link and only a couple of main points you made it much easier for people like me to follow your arguments with your post on Monday at 3:45 PM. Thank you. When a teacher, I often used visualeconomics' website.

You might be interested to know that you do have allies in your thoughts about central and reserve banks. The Austrian School (of economics) hold similar beliefs, though for different reasons. Peter Hume's posts will give you an idea of the logic behind their theories.

Last Saturday you said, "there is room for thinking seriously
i keep posting hoping some clever person
can find some solution
and put it too their masters..in a better..more clear way."

Have you considered doing the opposite? Instead of you doing more of the serious thinking and posting could you not ask the questions you want addressed and seek other people's solutions.

Dear Pericles,

"1.65 trillion pennies" made me sit up and take notice also… It is as you say a staggering statistic and I didn't believe it either. So, I first checked the referenced link in case it was a typo – it wasn't and the dataset was sourced to the US Dept of the Treasury, noting that it was 'year to date'. Googling "2009 circulating coin production" took me to the United States Mint website coin production page. Which yielded:

2009 Circulating Coin Production (in millions)
January 2009 through December 2009
Total: 2354.00M 86.64M 146.00M 533.92M 3.80M 71.26M 352.38M 3548.0M

Though not labelled I believe these column totals are (left to right); one cent, five cent, 10 cent, 25 cent, 50 cent, one dollar and cumulative total.

The US Mint actually produced 2.354 trillion pennies in 2009. 4.01083 trillion pennies in 2010 and1.0724 trillion pennies in the first three months of this year! No wonder the "United State Mint receives more than $1 billion in annual revenues." And, unlike here their mint only makes coins! The Bureau of Engraving and Printing is responsible for paper money.

None of this has made me believe in any kind of 9/11 conspiracies.
Posted by WmTrevor, Wednesday, 20 April 2011 8:46:52 PM
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Oneundergod, this from Wikipedia about the Austrian School:

"Accordingly, many Austrian School economists support the abolition of the central banks and the fractional-reserve banking system, and advocate instead a return to money based on the gold standard, or less frequently, free banking. Money could only be created by finding and putting into circulation more gold under a gold standard.

At the beginning of his career Alan Greenspan, former chairman of the Federal Reserve, was also a strong advocate of the Gold Standard as a protector of economic liberty:

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.

Advocates argued that the Gold Standard would constrain unsustainable and volatile fractional-reserve banking practices, ensuring that money supply growth ("inflation") would never spiral out of control. Ludwig von Mises asserted that civil liberties would be better protected:

It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it belongs in the same class with political constitutions and bills of rights..."
Posted by WmTrevor, Wednesday, 20 April 2011 10:34:25 PM
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