Total Bankers with total control, page-4

  1. 25,647 Posts.
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    Hi 3born****

    IMHO what has happened is that there is no standard for finance or asset value.

    Paper money no longer has any value, the CBs pick a figure and say that is what it is worth, shares and commodities are the same, even with housing which you previously could get an accurate value on no longer complies with the rules, it is only based on what they can get the public to pay.
    When there are no actual values it means that prices can go up dramatically but also go down with the same rapidity..

    All we have is IOUs with no collateral value even putting your paper money in the bank does not guarantee it's safety or value. We may as well be using white pebbles for buying and selling stuff

    Naturally any move to use a gold or silver standard will never be allowed, such a move would close down ALL CBs overnight.
 
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