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Comment Re:Alchemist chimes in. (Score 1) 222

That, of course, would not happen. "Gold standards" have been destroyed by the central banks of the world. Global fraud as to the location and quantity of gold available is still a quiet and under-reported scandal. It is not in the interests of the banks to rely on something which they cannot easily manipulate. We have seen that a great deal in the past even to the point that they over-sold gold and silver certificates by a wide margin. They always seek to do this and will always seek to do this. These kinda of things are the reasons banking regulations have been put into place. And now they wish to deregulate. What could possibly go wrong?

Comment Re:Steps to global conspiracy (Score 1) 222

That's a good point. You're saying manipulating currency wouldn't be as "noticable." But it would be even more dangerous. Controlling the money means controlling the world. The US does not control the world and the world has been pushing back to prove it. This is not delusion. This is watching events from other global perspectives, not just the carefully selective feeds available in the US.

Comment Re:Business sells to bad government, there is a co (Score 1) 340

Well since you put it that way, I guess it's all okay because "everyone is [likely] doing it." But apparently that isn't really the case. In fact, the US is one of the greatest sources of spyware both commercial and "unsanctioned." We sell it to governments like Iran on a regular basis. And if other governments were really doing it, do you think they believed we weren't while they were? They kept using all US technologies the entire time? I find that to be highly unlikely. I think what fits observable reality better is that they aren't doing it (infecting exported products and services) and believe the US wouldn't be that bold or stupid as it would literally jeopardize the US's global marketplace if it were discovered.

If you test that theory against observable reality, I'd say that fits much better than what you're suggesting.

Comment Re:Not technically (Score 1) 222

Regulation they are seeking to remove was not an arbitrary measure. In fact, the regulation of government which is the constitution was not an arbitrary measure. For many hundreds, if not thousands of years, people have known well and understood human nature and the nature of currencies. We keep having to re-learn many of these things as if they are new or our arrogance makes us believe old measures are no longer applicable.

A simple truth is this. The only way for man to be more than he is, is to live within a structure of laws which limit the harm we can do to one another while enabling the best of what we can do.

The nature of financial regulation is to limit the harm that can be done to the world's financial systems. It is generally agreed that the prior global financial crisis (which is still going on, I will remind you) was the result of similar collusion to relax regulations. The harm of 'the first wave' is still being felt and remedies of the causes have been limited. (Aren't you at all concerned that the markets are enjoying amazing vibrancy while the pedestrian [producing] economy is still pretty bad?) To allow a second wave to occur simply because it hsn't been finalized is to fail to appreciate the general nature of what is being attempted.

What you are advocating is dangerous and akin to "let's pass it so we can see what is in it." And in the US where there is a dark and ugly history of legislation being passed in the dead of night? You would trust to let things get that close? I think you trust government too much.

Comment Re:Steps to global conspiracy (Score 1) 222

Multiple currencies means that currencies, and the nations backing them, compete and values will fluctuate against one another but, in theory, not terribly so. We can see the problems of the manipulations of the US dollar even now and the "QE" is still going on meaning they are continuing to devalue the dollar. Imagine that kind of scamsmanship on a 100% global scale?

A world currency means whoever controls the currency controls the world. There is no, and can be no, democracy there. There is none in the US where the privately owned and controlled Federal Reserve Bank system is concerned. And before you or anyone else says "but they are accountable to..." Yeah? Learn about the year-after-year-after-year continuing effort to do an audit on the Federal Reserve and see how far we have gotten. They AREN'T accountable to anyone as long as we cannot intervene, let alone review what they are doing.

Comment Re:I wonder what their reasoning is...? (Score 3, Insightful) 340

Not paying attention? Russia is also breaking free of the petro-dollar monopoly. You may not think much of it, but the fact has been that all oil and gas has been traded in US dollars around the globe. That has been one of the reasons US dollars have maintained any value at all. With so much of the US production and even many services going overseas, we simply aren't producing anything here. At least not the way we once did and still can.

There are nations interested in de-Americanizing the world. I can't say I blame them right now. But as things fail to turn around or get corrected, we in the US are going feel the hurt in ways which are painful to imagine.

Comment Business sells to bad government, there is a cost! (Score 5, Insightful) 340

Been saying this for years now since the earliest reports of NSA spying and the cooperation of technology companies came out. Most people kept saying it was nonsense that global trust in US technology can never be lost if only because ours is "the best" and is too expensive to replace. Seems to me that's not a deciding factor these days. The bad behaving US government is causing real harm to business now. As soon as business begins to realize how toxic that relationship is, they will stop doing it. But then again, we still have lots of companies trying to send (outsource) tech to China... China who has a long history of taking the tech and spinning it off on their own. Hoy myopic can they be?

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