Why Its Pointless To Argue With Global Warming Believers 2044

ZnU

Only because of the Federal Reserve Act that you can loan money and try to back it up with gold. It isn't nonsense, just a scam. The fact is, to pay that interest, someone else has to go in debt. If all debts were paid off, there would be no money in circulation.

And the fact the great depression was caused by the banks not lending to business. The problem goes back to 1915 or 1913.

That is true. And also a problem because of speculation.

No, just the fact that gold doesn't change in its own value. The USD after all is a floating currency with no real base value. The value of USD is based on peoples trust in it and nothing else.

Yet, a lot of the oil consuming countries do depend on their oil.

-- Where are we going? And why am I in this handbasket?