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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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The minute that you show the slightest evidence of understanding a single sentence that you write, I'll start to take you seriously Arjay.

But right now, you're just stringing words together without any idea what they signify, and make wild assertions that have no basis in reality whatsoever.

>>So by making the Yuan the world's reserve currency,they will have to float it,thus it will be valued upwards.<<

Does this mean that it is more, or less likely to happen? No-one can force them to float, after all.

Incidentally, there aren't enough expatriated Yuan available yet. That will take another decade or so, at minimum, even if they started now.

>>The intent of these Global Banksters,is too get a foot hold in the Govt Banking system of China<<

Even if we assume that there are "Global Banksters" with this objective, why would the Chinese let them? What could possibly be in it for them?

>>China however is the thorn in their side having so many Govt banks creating infrastucture debt free<<

Debt-free, Arjay?

http://www.marketwatch.com/story/chinese-bank-lending-inflation-grow-in-january-2010-02-10

"The credit boom helped support gains in the housing market, with prices across the nation's 70 largest cites rising 9.5% in January from a year earlier, accelerating from a 7.8% rise in December"

Are you sure?

http://ezinearticles.com/?Bank-of-China-Looking-to-Boost-Supplementary-Capital&id=6072700

"After a record high credit growth in 2008 and 2009, Chinese banks sold convertible bonds and stocks, and gathered $72 billion through it in 2010"

>>This is why China can grow at 10-12% while the West is lucky to get 3%<<

Yes, it is, but it has nothing to do with "Govt banks creating infrastucture debt free"

Precisely the opposite, in fact.

Is the light starting to come on, yet?
Posted by Pericles, Sunday, 10 April 2011 10:47:00 PM
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If you paid attention Pericles I said either as a tax credit or debt free infrastructure.The Govt banks of China to create money in their computers and loan it out like the Federal Reserve but their Govt is not in debt to foreign banks like we are.30% of our mortage money comes from foreign banks like the Fed Res.We are borrowing OS to buy our own land.

The Commonwealth and 4 State banks used to be govt owned.They created a fair % of our money as infrastructure debt free and also as a tax credit, meaning the profits made by these banks reduced our taxes.Now we are taxed to pay for interest and principal to private banks who just create most of it in their computers or borrow form OS banks.

Private banks should not be allowed to own our increases in GDP by creating the money to equal it and then profit again in charging interest.The whole of our society contributes to GDP and thus the Govt is the fair way to share it.
Posted by Arjay, Monday, 11 April 2011 6:38:08 AM
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i seek no return to gold or silver backed currency
but do seek to sepperate the creation of money credit..
from the money lenders...how this is best done is by returning the mint to govt control

govt then lends to the fed via treasury
[who holds the asets/securities..govt has monetised]

coins return to true tradtional[constituted]..values
one cent equating to a on paper dollar[as that is a fair value]
that previously in cents..is rounded up to the nearest dollar..

[we lost the value of the copper in a cent long ago
[when the copper value was 5 cents..to make a one cent coin]

this was previous to
*your quoted gold oz value

QUOTE""Let's imagine that in return for a day's work at the call-centre back in 2001,..they gave you 10 OZ...Would you expect them to give you the same wage..(10 OZ)..today? Given the price of the underlying metal,you'd be lucky to get 2 OZ.""

your as usual twisting what im trying to say to your posting adgenda

the oz you quoted previously
""You have a 1/10th oz...gold coin,.."worth" US$25.66,
on this day exactly ten years ago.

http://www.usagold.com/reference/prices/history.html

Today it is "worth" US$146.90""

THAT IS A MEASURE of just how much..'value'
has been styolen from the workers wage rates
[its much worse over time..
thus the fairity..of returning to true values..
via a return to GOVT/controled [issued]..coin}

the cent coins holding a perpetual fixed value
of one cent=one paper[fiat dollar]...globally

govt pays only in coin
thus limits its own issue by supply [and REAL assets
true securities..real things not paper promises]
[a banker would get paper credit by govt holding the mortgauge papers]

the coin tender would pay for all govt expenditure
essentially a govt bailout would cost a trillion cents
not a trillion dollars..[lent from the ones getting a lol bailout]

that current system is simply speaking fraud..
with tax opayers bailout criminals..and its failing big time

Is that..!
starting to
become clearer?
Posted by one under god, Monday, 11 April 2011 7:59:20 AM
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as this conversation would be futile without offering solutions
i would add that the new cupra[copper/nickle coin based currency..would be under control of the senet

must origonate in the senet
just as currently laws muast NOT origonate in the senet
[its my idea of sepperation of powers[a minour constitution change could tremedy and make lawfull the change to real values based currency..[if not globally we could go it alone]

just in time to bailout the big final meltdown
[the current real value of the nickle coins
is their cupra nickle face price...which at the current rate would see the value of face be over the value of melt for 30 to 40 years..

[ie going by the values of your 0z egsample
..although why you confound the nanming of an egsample imaginary
coin with an oz{weight value]..stil sounds like your trying to deliberatly confound the topic]

""Your idea that "real coin money"
is somehow less vulnerable to fluctuation is,quite simply,wrong.""

of course your right[the value of its metal has a market value
as it should have,...it was gold and silver value that saw that system stripped of its metalic values

just as it has been deliberatly suppressed*
in real value
by issuing 3 times more paper promises..*for gold
trading..than we ever*had..in real glold

""You also need to understand the sheer volume of metal needed to provide every Australian with "real coin money".

yes thus the urgency
to make it have its REAL values recogniised
[befiore they disappear the whole concept of coins from our children

[ie to explain it THEN to THEIR children
we would need them to first know..what the heck a coin is]

ITS NOW OR NEVER..

just as now
im needing to explain tally sticks..to tall poppies
or gold bonds..to one holding his own bonds
or theft of our collective gold etc..

to one who is trying to justify
its being just fine and dandy

""Contemplate that for a moment.""

""Then tell yourself..
what would happen to..""

cointinues..
Posted by one under god, Monday, 11 April 2011 8:15:23 AM
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""the price of the raw material,..if you turned every transaction into one that had to be backed by "real money""

well mate copper one cent goins got stolen

was that true value that caused that
or the wrong face value.

thing is mate we got conned
by those seking to steal our copper
[after stealing the silver and gold the SAME WAY}

thing is NOW they are after our NICKLE
its return COIN to true value..OR let them steal THAT too

they allready control values..
by setting the rate of inflation

simple thing is we got nothing [NO CONTROL]..over them at all

they can EVEN gop bust..and steal our bailout
getting bonus..as we AAA$$ume their debt liabilities

i still cant get over how your defending their acts
with petty excuses

""And a word about "discounts".""
isnyt it time the little guy got a disxcount
IN HIS FAVOUR..now every POOR working slob..can get an instant WIN-fall..his goin jar can pay offa big chuink of his mortgauge/credit card or other bankers ABUSES

all of a sudden shop kepers fine people in their shops
spending their cents..the roaring twenties returns
[it was bankers that killed it]..by stealing our gold/
then our silver,..then our copper

the FAIR value of a silver coin
must be its VALUE in silver

the fair value of a gold coin
MUST BE ITS WEIGHT in gold

WE LIVE IN OZ
au
the symbol for gold

if not here then where?

>>discounting means someone gets the short end
of the tally stick..[its the people getting the short end here]<<

""In this context,
a discount simply represents risk,..and/or time.":"

ITS TIME*
we gave those who built and payed for everything
[ie the workers]..a bonus back...our word is our bond

but we got bound by trickery word bonds

""In the case of a Bond,it is mostly the estimation
of value forgone,..from that point in time,..*to the Bond's maturity.""

so THE PEOPLES BOUND/BOND
has matured..!*!*!*!*!

bankers can help a$set you freeeee
Posted by one under god, Monday, 11 April 2011 8:31:43 AM
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guess what folks
your pennies are comming back
ten cents+ten penies

100 pennies+one HUN..[hundred]dollar's

its a maturity of value
yiour trust in bankers paid off

lets face it the rich will soon
get our penies back into THEIR vaults

and what yoiu said
wil be truth
inlue of a refutable[debaitable lie]

""No-one is robbing anyone with discounts.""

LOL
haaaa
haaa

please prove this deciete?

""They are a perfectly simple mechanism
to satisfy buyer and seller,
lol..that they are each getting a good deal."

mate us bailing out bankers
us globally asuming ODIOUS DEBT
wrought by capitalists and bankers

facilitated by govt unions big busness media and lobby
designed to strip and devalue our assets
homes
pensions
income/wages...savings

ENOUGH IS ENOUGH
ya think the current systenm is working?
yes it is for some

yes it is working...for now

but too soon..it all goes pear shaped
by then the ones holding the assets..will make your kids kids slaves

and then
it will be too late

then
the poor must eat the rich

GLOBALLY

revalue their coin
while you can
Posted by one under god, Monday, 11 April 2011 8:37:41 AM
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