In-Reply-To: <fecab518415160ecfaaf33b7bb788353@geonomics.org>
Hi Jeffrey.
Which aspect of the Spanish experience are you referring to ?
Ken.
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From: Jeffery Smith <jjs@geonomics.org>
Date: Sun, 5 Mar 2006 20:33:10 -0800
To: socialcredit@elistas.com
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Subject: [socialcredit] Gold
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On Mar 4, 2006, at 1:27 PM, Peter Haines wrote:
> I agree Ken, and Joe was right.
> Someone has claimed that the gold reserves of the know world were
> surpassed by US debt at the end of world war two, I think it was.
>
> Gold security is an illusion to fool the public into thinking that a
> banking system is safe, 1914 proved it wrong when there was a run on
> the banks in England. The great lie was exposed then.
>
> Once gold has been captured by debt then the gold could simply inflate
> in value to match the money supply and then infinity will feel
> something on its heels. However that probably wont happen because the
> global plans are to wind down the world industry and population so an
> independant gold standard would be appropriate, and please the Von
> Mises crowd and many others. I.E. its not a remedy for mankind.
As Spain proved a half millennium ago.
SMITH, Jeffery J., President, Forum on Geonomics
7536 SE Milwaukie Av, Portland Oregon 97202 USA
503/232-1337; jjs@geonomics.org; www.geonomics.org
Share Earth's worth to prosper and conserve.
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