#1 Fri, Nov 11, 2011 - 9:33pm
When you really think about it, fiat money is just OBVIOUSLY a scam. I mean, you save pieces of paper with numbers on them, or electrons in an account that represent those pieces of paper. In exchange you get a penny a year in interest, or thereabouts. Meanwhile prices on the things you buy go up 10-20 or more cents a year for every dollar cost.
I was in the grocery the other day and EVERY bag of name-brand chips had gone from starting with a "3" to a "4", overnight. EVERY LAST BAG!!!
Meanwhile, the Fed is adding 20-30% or more of these "fiat" paper / electronic dollars each and every year.
The whole system keeps driving up the price of stocks, medical care, education, everything.
And yet, I am almost the ONLY PERSON in my work, friends and family circles who can see that fiat money is a complete SCREW JOB for everyone except the ones who get to create it, and get access to the newly created free money. The only explanation I have is that people develop a sort of Stockholm Syndrome to the actions of the government, Fed and TPTB who are f***ing them over every day. It makes me ill. . .
Edited by: mdcromer on Nov 8, 2014 - 5:27am