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... might supercede the present financial system And that's precisely why they will be always shut down. Government hates competition. Gov also shut down Liber
by nickb 18y ago
... might supercede the present financial system
And that's precisely why they will be always shut down. Government hates competition. Gov also shut down Liberty Dollar which was a commodity-backed currency.
http://en.wikipedia.org/wiki/Liberty_Dollar http://en.wikipedia.org/wiki/Liberty_Dollar
http://www.flickr.com/photos/71392301@N00/1404773871/ http://www.flickr.com/photos/71392301@N00/1404773871/
- jhancock 18y agofrom http://en.wikipedia.org/wiki/Liberty_Dollar http://en.wikipedia.org/wiki/Liberty_Dollar -> "Community currencies may present problems for users because there is little to stop the issuer from producing more currency." ahh...brutal irony in a wikipedia article ;)
- gills 18y agoThat's a good argument for repealing the Federal Reserve Act. Did anyone else listen to NPR yesterday morning and hear the open admission that they were printing to fund their new failout package?