King River Resources Ltd T.KRR.W

RE:RE:The value of gold

[Farquar]

It just makes sense to base our money on physical matter that is not easily conjured up as opposed to paper fiat which can be manufactured in endless supply..

Imagine a group of shipwrecked people living on a big island never getting rescued and  so must organize themselves over many years to function as a new society. They agree to build houses and cultivate vegetables on farms and domesticate wild boars for food etc etc.  They agree on a form of currency , say like fresh coconuts or something based on a rare physical element found on the island..

Now the population after 50 yrs is getting too big for a barter system, but one family introduces a new system of exchange based on paper currency. The islanders years before had discovered a way to make paper from native plants , to use for books and writing things down and now one family has found a way to make dollar bills.. 
The islanders would only agree to this new system if the paper money was anchored to the value and availability of coconuts.. As soon as the family starts printing extra dollars for themselves, they become super rich above everyone else and because of this ill-gotten wealth , they end buying everybody's properties and farms ... They become kings, because they eventually own everything and everybody...In a real world situation, an island of free and prosperous people would never let this happen.. They would never let one family have exclusive control over their currency..
 They would hang such a family that tried to do this... 

But in our world, we have small families who control the issuance of infinite paper money.. All these families  have to do is create fake financial emergencies that allow them to say create 28 trillion US dollars out of thin air  in 2008, to save us all from financial ruin... haha...That was quite the scam, eh?  The world was fooled into believing that a Ben Bernanke was a hero!! Lol These are not heros, they are con artists and thieves.. haha

This modern world has allowed a small group of private people to control the issuance and creation of money...And they don't permit us to audit them ..lol These parasites own everything but have never put in even one day of honest work , to justify that...

What could go wrong with that?

If you look at any big city's skyline, the companies who own the buildings are mostly businesses that are parasitical in nature.. Like insurance companies ,banks  or government etc.etc. Parasites own everything..

A government exists only because it steals the money from producers in the real economy by taxing everybody.. It is the main parasite in our society...


Anyways, that's my two cents for today....

Oh by the way, Nine Lives...keep your naive little head in the sand and keep gaming the system and enjoy the scraps that our parasitical over-lords throw you.. You think you're smarter than everyone else, in that you think we are all stupid for believing in manipulatiob but you are just a little twerp that the con-artists love having as subjects to them... A society full of wusses like you has been the main reason why the thieves have succeeded in installing authoritarian/communist/dictatorial government over us all... They love compliant little jerks like you ...It makes their job , so easy...