Comment: End fiat currency! End THE FEDERAL RESERVE!!! (Score 0, Insightful) 943
I saw this insightful comment and will post it here.
How about this! If we took the power away from a bunch of secret bank mobsters to PRINT MONEY and instead backed it with gold or some other finite, precious commodity, the dollar would retain its value.
I'm sick and tired of this implicit tax that I have just because I *HOLD* a dollar. Read Greenspan's "Gold and Economic Freedom" essay. Once it's started, that money which is printed out can only be repaid by printing more money. This is the shabby key to the (corporate/social) welfare state that exists today.
The reference is here: http://www.321gold.com/fed/greenspan/1966.html