Saturday, March 5, 2011

Post from greshambouma at CHUMLY

People all over the world have been expressing their lack of faith in the "full faith and credit" backing of fiat currencies. Gold and silver allow people to opt out of the current, corrupt, system. The banksters will not give up the incredible power which they gain through the manipulation and fraud of fiat currencies without a fight. Without a fiat currency our government could not have accumulated the raw power it now wields. Without fiat currencies governments can't drive down the cost of servicing their debt by creating chronic inflation. They can't create taxable capital gains with that same inflation. They can't maintain the illusion of creating wealth "ex-nihilo", as they rob value from anyone that holds their debt. Go Utah.

Utah House Passes Bill Recognizing Gold, Silver as Legal Tender -  www.foxnews.com:  www.foxnews.com/politics/2011/03/04/utah-house-pas...ender
http://chum.ly/n/738e4d

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