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09/10/18
20:58
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Originally posted by slange
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To implement a gold standard now would be deflationary to a point that it would totally destroy this system.
This system is so debt laden that it requires the enabling of new debt just to go towards paying off the interest on the debt that has been created.And debt levels themselves have to be raised.
This is why rising interest rates are so destructive to the debt laden garbage that most people have been sucked into by these retarded governments that have created this rubbish.
Sooner now rather than later we will hit the brick wall.
An indication of this is the constant war against gold.They cannot now take the chance of gold breaking out because it will create uncontrollable contagion.
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And it is debt laden because there was nothing holding back the debt creation.
That is why it is out of control, with little hope of fixing,
Nor any real inclination to fix or submit to control.
If man cannot make a profit any way other than hard work, there is no interest