This looks like a lot of fun!
Well it's Cyber Monday, and I'm actually NOT shopping! Will wonders never cease?
Will the US return to the gold standard? or will it go to more of fiat money, only done by the IMF and UN? That was some of the discussion on Freedom Watch on Fox Business over the weekend. And is gold in a bubble, much as the housing was and dot.com too.. or is it just in reaction to the ever-expanding printing of money?
The Fed is unconstitutional, as congress is the one authorized to coin money , under Section 8 of the Constitution
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Notice the word "coin"...not "print". Paper money was not considered. Lincoln did paper money during the civil war, and would not allow people to redeem their paper money for gold. FDR did even worse, outlawing the owning of gold - totally unconstitutional, both of them.
and yet progressives look up to FDR.
Posts
2 years ago
Diane:
ReplyDeleteNow THAT is freaking COOL!!!
Kinda like a MONORAIL-LUGE thingy.
It IS kinda hard to "keep one's hands and feet INSIDE the ride at ALL times", however...LOL.
Gonna be a LONG walk back up top the top...they better have a lift or something.
Very novel idea.
And yes, I agree with everything else you said...in case you thought I didn't read theWHOLE post.
(wink, wink)
We only shopped on (Cloudy) SATURDAY.
(and it wasn't for Christmas stuff)
Lose the FED...and ASAP.
I guess America traded the GOLD stadard for the (...wait for it...) DOUBLE STANDARD, eh?
Great post.
Stay safe down there.
I think it would be a blast..and you see the tram cars going overhead.. could ride back up & just ride down again & again. how about blindfolded?
ReplyDeleteI have done most of my shopping online, but still a few things to pick up in store. Going to avoid the mall this year, and just go to the websites and buy. Plus, they often have more stuff online than in-store.
We had recessions before the Fed, but they were also quickly over with. Not like the ones now.