Xavier_Onassis » 11 Jan 2023, 10:23 am » wrote: ↑ Pure gold, ie 24K gold, currency is not practical, gold is too soft a metal for that. Nearly all gold currency has always been an alloy. Since the production of gold from mines is not a constant, the value of gold is also not a constant, and when production drops, that causes panics, recessions, and depressions. If you study the economic history of this country ( or the world, for that matter), it is easy to see that the results of a gold standard are severe economic crises every seven to ten years.
But this is a useless argument since there is ZERO chance that this country will ever go on a gold standard. Just as Libertarians actually being elected to any useful number in the government is also an impossibility.
Xavier_Onassis » 11 Jan 2023, 2:06 pm » wrote: ↑ Any government that issues currency is manipulating currency by printing it or coining it and declaring its value.
Can't help but notice you breezed right past the question, Captain Obvious.Skans » 11 Jan 2023, 2:03 pm » wrote: ↑ Dope. As if Jews were some kind of master-race that could pull something like that off. LOL - Beards!
Cannonpointer » 13 Jan 2023, 10:03 pm » wrote: ↑ Can't help but notice you breezed right past the question, Captain Obvious.
Who owns the fed?
I don't wear tampons, fruity.
You're a punk. You don't merit better.Taipan » 13 Jan 2023, 11:28 pm » wrote: ↑ Wow.
How cheap.
Can't you do better ?![]()
https://youtu.be/IGVZOLV9SPo
Cannonpointer » 13 Jan 2023, 11:33 pm » wrote: ↑ You're a punk. You don't merit better.
You back tranny culture. You stand with soros and clinton. You suck ***.
You're strictly b-string. You're here because the b-string is out of business again.
Your mama raised a sissy.Taipan » 13 Jan 2023, 11:38 pm » wrote: ↑ No, Sir.
I do not.
You get the real me.
That ........is where you will die.
@Z09 I might need a lawyer.![]()
https://youtu.be/Svz-W5w2bPM
Cannonpointer » 13 Jan 2023, 11:33 pm » wrote: ↑ You're a punk. You don't merit better.
You back tranny culture. You stand with soros and clinton. You suck ***.
You're strictly b-string. You're here because the b-string is out of business again.
Cannonpointer » 13 Jan 2023, 11:48 pm » wrote: ↑ Your mama raised a sissy.
All you want to do is wrestle naked with other men in your underwear and combat boots.
Cannonpointer » 13 Jan 2023, 11:33 pm » wrote: ↑ You're a punk. You don't merit better.
You back tranny culture. You stand with soros and clinton. You suck ***.
You're strictly b-string. You're here because the b-string is out of business again.
https://i.imgflip.com/6je8uq.jpgTaipan » 14 Jan 2023, 12:11 am » wrote: ↑ I like you.![]()
Z (Z....I just fixing to tghe jam this motherfuccker head into the next brick wall !!!
I need a lawyer !!
Z.![]()
https://i.imgflip.com/6je8op.jpg
https://i.imgflip.com/6jgr3q.jpg
https://i.imgflip.com/6jeczb.jpg
Essentially Congress does. The governing Board is appointed by the President and confirmed by the Senate The United States owns any profits of the reserve banks, but private banks are entitled to a specified dividend. Oversight and accountability is controlled by Congress. Commercial banks that are members of the Federal Reserve System hold stock in their District's Reserve Bank. However, owning Reserve Bank stock is quite different from owning stock in a private company. The Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the System. All of the Reserve Banks are required by law to transfer net earnings to the U.S. Treasury, after providing for their and legally required dividend payments.Cannonpointer » 13 Jan 2023, 10:03 pm » wrote: ↑ Can't help but notice you breezed right past the question, Captain Obvious.
Who owns the fed?