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by shinnosuke » Wed Sep 07, 2011 12:32 am
Share this with the sheeple around you.

- DJIA in Gold Grams.png (10.33 KiB) Viewed 660 times
If you want some free Bitcoin, I can show you how to get it.
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shinnosuke
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by fb101 » Thu Sep 08, 2011 9:45 pm
That's amusing.

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by frugalcanuck » Fri Sep 09, 2011 6:04 pm
pretty neat
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent." John Kenneth Galbraith 1975
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by AGgressive Metal » Fri Sep 09, 2011 10:09 pm
GREAT. Thanks.
And he that hath lyberte ought to kepe hit wel
For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
-Aesop's Fables, Caxton edition 1484
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AGgressive Metal
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by AGgressive Metal » Fri Sep 09, 2011 10:11 pm
I don't know what your source is, but I would love to see this same graph with silver grams.
And he that hath lyberte ought to kepe hit wel
For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
-Aesop's Fables, Caxton edition 1484
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AGgressive Metal
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by Mossy » Sat Sep 10, 2011 2:00 pm
Thanks.
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by shinnosuke » Mon Sep 26, 2011 12:57 am
If you want some free Bitcoin, I can show you how to get it.
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shinnosuke
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by Mossy » Mon Sep 26, 2011 9:42 am
This caught my eye:
"That’s because for the last 40 years – since Nixon canceled the dollar’s gold convertibility in 1971 – the global monetary system has been based on nothing more tangible than politicians' promises not to print too much."
We were on fractional reserves before that. Each generation of politicians felt free to break the implicit promise made by those before to not bury the reserves under "excessive" paper promises. Nixon was just the honest one. (Less dishonest?)
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