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Originally Posted by KevinTheOmnivore
I'm glad you've identified the politics and the irony behind the argument. Now what about massive deficits and war and U.S. bonds being bought up by foreign powers and the decreasing value of the American dollar....? Fucking Democrats.  |
Hey! I was playing Devil's Advocate! That means I don't have to agree with what I say, right?
If I had my way we'd be back on a heavy metal standard and the FED would be dead altogether. Sure, our economy would revert back to something just a little less dangerous than a trip over Niagra Falls in a shiny bucket, but anyone under the wheels of our wonderful managed-debt society would be hard-pressed to tell you the fundamental economic nature of that which is squeezing the last bloody penny out of her hide.
I have too much respect, awe even, for the symbolism of cash to treat it so whimsically. A dollar is a unit of time measurement. The nature of time is both finite and infinite. For government to have replaced my time with a shallow promise that ties me into a structure over which I have no control whatsoever is just wrong.