06-01-2016, 10:31 PM
33
Re: Money is the Name of the Game
Money (FIAT money) is worthless. Literally it is worth the paper (or rather linen - soon to be plastic) that it is printed on. We are stupid for accepting this worthless material in payment for our work and services to others.In days gone by, "real money" was underpinned by "real assets". Specifically, US dollars were underpinned by actual gold. The bank notes you had corresponded to REAL GOLD that had your name on it in a vault somewhere. At any time you could walk into a bank, hand over your banknotes and demand your gold from the vault in exchange.
All that changed when the "Money changers" moved in to take control of the money.
http://www.over50sforum.com/showthread.php?t=29101
Now banknotes are not underpinned by anything. They are literally worthless.
Every FIAT currency that ever existed eventually had its value return to zero. The US Dollar will not be an exception.
Your wealth, everything you have acquired, your entire worth, needs to be held in some REAL form, not in the form of a fictitious number in a computer database. The global finance collapse is coming, no mistake. The US Dollar will collapse and be replaced by a new currency. If you are still holding those bits of paper when it happens, you will be a poor soul indeed.
China has been buying up the world's gold reserves for some time now because it knows what is coming.
Ask yourself, what are you really worth? What have you really acquired in life? Are you able to keep hold of it?
Banks, savings accounts, pensions? Just numbers in a database. Worthless.
A house, a quantity of gold, or diamonds, machinery, land. These are things of value and things that will survive a financial collapse.
The banks and finance systems are utterly corrupt. They create money where there is none, out of thin air. Every time they do, the value of your money goes down. The banks lend out more money than they actually have, it is fraud plain and simple, but they are beyond the law.
Stop believing in the State, stop thinking that "someone else" is going to look after you. They aren't. We are all on our own and the crooks will take every penny/dollar we have if we are stupid to hold that money as cash or as a bank balance. Own something real. Something you can touch and feel and defend.
If you were to add up all of the "money" in people's accounts across the globe and compare it with actual cash in circulation, you would quickly find that the former outweighs the latter. Money does not exist. It is nothing more than a fraudulent control mechanism. Free yourselves of it's hold as quickly as you can.
06-01-2016, 10:54 PM
34
Re: Money is the Name of the Game
[QUOTE=Realist;790513]Money (FIAT money) is worthless. Literally it is worth the paper (or rather linen - soon to be plastic) that it is printed on. We are stupid for accepting this worthless material in payment for our work and services to others.In days gone by, "real money" was underpinned by "real assets". Specifically, US dollars were underpinned by actual gold. The bank notes you had corresponded to REAL GOLD that had your name on it in a vault somewhere. At any time you could walk into a bank, hand over your banknotes and demand your gold from the vault in exchange.
All that changed when the "Money changers" moved in to take control of the money.
http://www.over50sforum.com/showthread.php?t=29101
Now banknotes are not underpinned by anything. They are literally worthless.
Every FIAT currency that ever existed eventually had its value return to zero. The US Dollar will not be an exception.
Your wealth, everything you have acquired, your entire worth, needs to be held in some REAL form, not in the form of a fictitious number in a computer database. The global finance collapse is coming, no mistake. The US Dollar will collapse and be replaced by a new currency. If you are still holding those bits of paper when it happens, you will be a poor soul indeed.
China has been buying up the world's gold reserves for some time now because it knows what is coming.
Ask yourself, what are you really worth? What have you really acquired in life? Are you able to keep hold of it?
Banks, savings accounts, pensions? Just numbers in a database. Worthless.
A house, a quantity of gold, or diamonds, machinery, land. These are things of value and things that will survive a financial collapse.
The banks and finance systems are utterly corrupt. They create money where there is none, out of thin air. Every time they do, the value of your money goes down. The banks lend out more money than they actually have, it is fraud plain and simple, but they are beyond the law.
Stop believing in the State, stop thinking that "someone else" is going to look after you. They aren't. We are all on our own and the crooks will take every penny/dollar we have if we are stupid to hold that money as cash or as a bank balance. Own something real. Something you can touch and feel and defend.
If you were to add up all of the "money" in people's accounts across the globe and compare it with actual cash in circulation, you would quickly find that the former outweighs the latter. Money does not exist. It is nothing more than a fraudulent control mechanism. Free yourselves of it's hold as quickly as you can.[/QUOT
I don't think that you can liberate yourself from money. If you take money to in a extreme, in a sense eliminate it all together, you have communism and communism in fact, is a failure.
Whether we like it or not, money, or something of the kind will always exist.so, money should not control us, we need to know the responsability on how to deal with money. Our triumphs with money and our failures takes us to the understanding how to deal with money. I like money. So for me, maybe not with you, money is a good thing
07-01-2016, 12:21 AM
35
Re: Money is the Name of the Game
There are different types of money as I highlighted. Money underpinned by a real asset (such as gold) and which is controlled by the people rather than "money changers" is a good thing. The money then serves the people, the amount of coinage/notes in circulation is kept at a decent level and everyone is happy.When the money is not underpinned by real assets (FIAT) and when it is controlled by "Money changers" who charge governments to print more money, and who will gladly invent money out of thin air at obscene levels, then it is a bad thing. That is sadly exactly where we are currently.
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