Thursday, July 28, 2011

Independent Money

Check out this video. It's a very basic description of the difference between gold currency and fiat currency. It advocates gold currency. Certainly, gold is not perfect. But in my opinion it is the best choice of currency we have. Fiat currencies are too easy for governments to manipulate, at the expense of their own people.

From YouTube:
"Gold: Independent Money" posted by Frizzers
http://www.youtube.com/watch?v=RvL_Dm2d99A&feature=player_embedded


The thing that really gives away the true purpose of fiat currency is the fact that governments outlaw any alternative. They insist on a monopoly. They are counterfeiters who can't stand any competition. They literally cannot let their citizens be free. Advocates of gold currency don't attempt to abolish fiat currency, they don't need to. All they request is the freedom to write contacts in any currency they choose.

Check out the bill to allow gold currency for yourself:
H.R. 1098: Free Competition in Currency Act of 2011

Here is the full text of the bill:
Text of H.R. 1098: Free Competition in Currency Act of 2011

Here is a summary of the bill:
H.R. 1098: Free Competition in Currency Act of 2011

And here is the section of the U.S. Code that this bill is attempting to repeal:
§ 5103. Legal tender

No comments:

Post a Comment