all 10 comments

[–]fred_red_beans 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

The dollar represents trust between human beings. This instrument of trust is highly controlled by central banks (the fed), government, and wall st. One could say money is the root of all evil, but it looks more like the root of control to me.

[–]Tom_Bombadil 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

The dollar is backed by genocidal sanctions.

Heavy doses of sanctions are copiously washed down with missiles strikes, and waves of insurgent destabilization.

[–]Timmy 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Today's fiat dollar is backed by the value of the country's goods and services. That's why we need a stronger more modern manufacturing base. Without it, the dollar will experience very high levels of inflation as reality catches up to the huge increase in the money supply the Fed put out to keep 2008 from turning into the first year of a Depression.

[–]Broken-needles350 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

fakenews, the US was backed by gold at one time, then the illegal dollar was pushed by the globalists in the early 1900's

[–]magnora7 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

https://en.wikipedia.org/wiki/United_States_dollar#History

It's true! I didn't know that. Interesting info.

[–]Jesus[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

We did have a silver certificate note during JFK's time that could be exchanged for silver. https://en.wikipedia.org/wiki/Executive_Order_11110


The last president that at least sort of cared about the United States. The above source concerning executive order 11110.

Executive Order 11110 was an effort by Kennedy to transfer power from the Federal Reserve to the United States Department of the Treasury by replacing Federal Reserve Notes with silver certificates.[17] Author Richard Belzer named the responsible parties in this theory as American "billionaires, power brokers, and bankers ... working in tandem with the CIA and other sympathetic agents of the government."[19]

Critics of the theory note that Executive Order 11110 was a technicality that only delegated existing presidential powers to the Secretary of the Treasury for administrative convenience during a period of transition.

THough, this transition was probably jsut the start of proposed legislature.

JFK was also probably killed for other reasons, such as his distaste for Israel's nuclearization and wanting to make AIPAC a foreign agent.

[–]magnora7 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Interesting. I also heard he was killed maybe for wanting to withdraw troops from Vietnam. But it's probably the anti-CIA anti-Israel stuff, you're right

[–]Jesus[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

That too. It was a host of things that got him killed and then his brother and then other Kennedy's later on.

[–]proc0 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

So you're saying money has a fixed value like distance measurements? you must think trust is a physical, visible, object you can touch and measure. Prices aren't fixed, obviously, and the dollar has a price... simple logic proves money has subjective, dynamic value, and therefore you cannot just use a simple mapping rule of measurement where X unit = Y value (like for immutable, objective measurements).

[–]Jesus[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

It's a measurement via weight. That's how Hamilton was able to come up with 0.772 try oz figure. I agree, it is a mode of accounting. We trust it because for the majority it is the only thing we ever knew.