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*Amero* To Be The New Money Of The Americas
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by Haecus | August 31, 2006 at 03:15 pm
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"to steal what little wealth and security you have left by replacing
worthless federal reserve notes with Ameros—that will be worth even
less—and to reduce the American people to serfs"."Bush's publicity
stunt pretending to protect our borders is worse than a transparent
ploy."
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Anonymous user
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at 04:12 on July 27th, 2008
"Full government control of all activities of the individual is virtually the goal of both national parties." -Ludwig van Mises
"POWER TENDS TO CORRUPT, AND ABSOLUTE POWER CORRUPTS ABSOLUTELY. GREAT MEN ARE ALMOST ALWAYS BAD MEN." ~LORD ACTON
It is important to note that the Austrian theory does not imply, as some have interpreted it, that we are witnessing the results of "overinvestment." Austrians do not contend that the Fed really has put more gas in our car! Since the Fed produces no capital goods, this obviously could not be the case. Rather, we suffer from malinvestment, as we have spent time and resources on projects that we cannot actually complete, and which we would not have undertaken if we had had an accurate reading on our gauge ... aka hard currency ... sound money. Ask your grandpa!