|
10 members (texritter, Gary E. Andrews, Irwin, Sunset Poet, Guy E. Trepanier, Michael W. Brown, Fdemetrio, 3 invisible),
67,168
guests, and
5,008
robots. |
|
Key:
Admin,
Global Mod,
Mod
|
|
Welcome to the Just Plain Folks forums! You are currently viewing our forums as a Guest which gives you limited access to most of our discussions and to other features.
By joining our free community you will have access to post and respond to topics, communicate privately with our users (PM), respond to polls, upload content, and access many other features. Registration is fast, simple, and absolutely free; so please join our community today!
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lau Noah
by Gary E. Andrews - 10/13/26 02:43 PM
|
|
|
|
|
ILLIT
by Gary E. Andrews - 10/13/26 11:28 AM
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Joined: Oct 2009
Posts: 386 Likes: 3
Top 500 Poster
|
Top 500 Poster
Joined: Oct 2009
Posts: 386 Likes: 3 |
More than a century ago JP Morgan said: "Gold is money, everything else is credit"
....and just month ago Ron Pol asked Ben Bernanke: "Is gold a money?" and then after unpleasant pause ( looked like Ben was taken unawares), he answered: "No"
Also I read that some states in USA are going to engrave their own golden and silver coins and use them as a legal way of a pay.
And next: do you remember this:(excerpt from Wikipedia)
"On August 15, 1971, the United States unilaterally terminated convertibility of the dollar to gold. As a result, "[t]he Bretton Woods system officially ended and the dollar became fully 'fiat currency,' backed by nothing but the promise of the federal government."[1] This action, referred to as the Nixon shock, created the situation in which the United States dollar became a reserve currency used by many states. At the same time, many fixed currencies (such as GBP, for example), also became free floating."
So what? Now independent American experts say : "Time has come to return to golden standard otherwise soon you'll be using fiat money as a wall-paper to glue your home."
|
|
|
|
We would like to keep the membership in Just Plain Folks FREE! Your donation helps support the many programs we offer including Road Trips and the Music Awards.
|
|
|
Forums118
Topics129,132
Posts1,185,972
Members21,480
| |
Most Online236,505 Jul 1st, 2026
|
|
|
"First came if only? Then came what if? After that I'll bet. Next was just maybe. Followed by Aha, I thought so! And eventually, okay, what next!" -Brian Austin Whitney on the stages of creativity and Just Plain Folks.
|
|
|
|