Originally posted by: Perry404
Originally posted by: IcebergSlim
Originally posted by: Perry404
Originally posted by: IcebergSlim
Originally posted by: Perry404
Originally posted by: event8horizon
perry- check out the sig.....
Interesting. So many terms for the different forms of regimes.
All I really know is that central economic planning is a disaster for the average individual citizen and will ultimately wipe out the middle class.
One point the video brings up repeatedly is that wealth is not actually destroyed but merely transferred.
Originally posted by: IcebergSlim
OP, what options do we have if what you say is true or are you just proposing more doomsday scenarios with no way out?
Do you mean short or long term?
In the short term invest in other currencies that are proven to be more stable. Invest in precious metals or commodities. There will always be an increasing demand for gold, silver(and many other metals) and commodities. People will always need food and beans will never go out of style. Pay off any debt that is leveraged. Debts that are not leveraged can wait. These are just a few short term solutions.
In the long term the only solution is to support leaders that will remove the power of private entities to run rampant with fractional reserve banking. I would say the first step would be to have the department of treasury take over all functions of the federal reserve. Why should we borrow money and pay it back with interest when we can make it ourselves? If we can create bonds then why not money? The federal reserve collect hundreds of billions of dollars in interest on the American taxpayer every single year. These would be a first step in the long term.
There are steps we can take. I don't encourage individuals to pull their cash from the bank to cause trouble. I warn people because a collapse is inevitable. It is unavoidable and I would rather have done my part to help individuals become educated and preserve their wealth then to participate in the deception and the theft of the middle class.
buying gold is a way to protect my assets it isn't a solution to the problem.
What actionable suggestions can u make that everyone can take today to make sure there is a permanent fix put in place ASAP
You mean what are the magic words to fix this mess? Sorry buddy I don't have that answer. Whether we do what's right or continue on the same path we are going to undergo difficult times.
Becoming educated & voting intelligently is the only thing that comes to mind.
your not making any sense. Getting educated doesn't change the fed system. Voting on a rigged 2 party system won't do it either. Its easy to post a video stating problems not quite is easy to propose genuine solutions.
Not really sure what point you're attempting to make.
I never suggested for a moment that any fix would be easy.
Yes the system is biased to the two major parties yet we still have other options. Voting is key. Vote for deregulation of the economy, vote for lower taxes, vote for states rights and vote for anything that empowers the people and distributes power in the broadest possible manner. First and foremost interpret the constitution literally and obey it.
Hold your elected leaders to their oath. Remove the money from Washington and you remove the incentive for lobbies.
Even if we did all this and did everything right Americans would still suffer because an honest system would mean transparency. A transparent system would be to reveal the true extent & severity of our problems which might very well result in a drastic plunge of the dollar to its true support level.
The thing is that regardless of whether or not we take corrective action we must pay the piper. The market is smarter than any market maker.
If one walks ten miles into the forest one must walk 10 miles to get out.
The question is, will we learn from our mistakes and make the proper alterations or will we continue on the same path until we are powerless?
And if we don't make changes we will eventually be robbed of our power entirely as in the current system the worse it gets the more power we hand over to the status-quo with the delusional hope that they fix the problem.
(Here is one very minor example of delusional legislation that is meant to "fix" the economy as if shorts had anything whatsoever to do with an issues value)
(Utter ignorance and misunderstanding of the market)
The only real solution is a long term solution and men like Ron Paul have been saying this since the beginning. One of the reasons Paul isn't popular is because he never made any grandiose promises to save the glorious empire. He offers us discipline and a more hopeful future yet has always insisted that there is no miracle fix and hard times lie ahead regardless.