Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...Submitted by Tyler Durden on 12/30/2015 – 17:45 
After looking over all the figures, it seems as if something broke in the U.S. Silver Market this year. By that, we mean the normal supply and demand forces no longer make sense.
It seems to me although might be wrong that you are suggesting a particular PM will emerge in any new Bretton Woods conversations in the future meltdown? I’m not sure what will happen but this basket of currencies seems like a bad idea when History shows how these states have ended one currency or another and started over. It seems similar in away of a floating currency rate which has its benefits but also its lack of stability amongst other issues especially if not backed by that state with any financial resources. That’s what brought the U.S. to the reserve isn’t it? It’s stability compared to failing currencies including the sterling , as well as its oil resources of that time?
You are looking in the correct direction but lacking the large picture..1913….I assume you have read The Creatures From Jekyll Island?
Allow me to assist you, discover what THE CITY is and ALL its historical beginnings ( truly Ancient) to date 2015……Understand that and it will open your way to understand much more. Do not accept the given for all internet answers….smile.
It is a tremendous puzzle….
Understand the real meaning of global central banking, IMF and BIS..why the us fiat is the reserve currency, The Pound sterling was prior, consider it all a mystery and you are the detective…..Good luck…..
I posted the article before reading it to the end. I agree with you. It sounds written by a professor that is deeply rooted in theory. The article doesn’t make things any more clear for me. But he does bring up intriguing ideas concerning future shaping of economics. It’d just take one electronic catastrophe to reduce things back to the Stone Age
Money created out of thin air starting in 1913, to finance WW I in 1917. Roaring 20s inflation, 1930s depression caused the confiscation of Gold in 1934. That there, 1934, enabled the printing money, credit creation to finance WW II.
The USA lost its independence from England in 1913, and I don’t understand why nobody says the things I say, unless the Internet is totally flooded with know nothing establishment writers.
MUX yesterday at $1.17
Trying to pick up some Lakeshore at $.79
Really frustrating to see more carnage today.
I saw a friend post this article yesterday. Many people refuted this article and said it’s never going to happen. So in my mind that makes it a likely possibility.
http://www.theguardian.com/books/2015/jul/17/postcapitalism-end-of-capitalism-begun
Regarding the future I am long. I recognize that this is the end of year wash and rinse. All old PM investors have seen this even in great years…Time to buy more!!
One must see thru all this complete insanity and complete corruption of these ages!!! When we all reflect back, soon…we will never comprehend the lost of confidence in the reality of the only historical asset of all times…Gold and silver. The ” Kings of Today”…understand and must never allow this to replace their power of digit creation….power without end..in their twisted world. Unfortunately history has shown their brutality has no end. They will not relinquish this global network without terrible consequences.
I have always personally believed in silver…more for the reality …the masses..THEY will need a tangible weight to regain all the mistrust which will soon surround us all!
Regarding..when…we all know the why…we here …..I would suggest know the who as well….smile.
Happy New Year…Health and prosperity…
Winedoc….Best of Wishes…Keep your face to the sun and wind on your back.
Wanka…Keep steering a steady course…with regards…..Frosty.
After a decent week last week, it looks like the scum is hell bent on running anyone and everyone out of pm’s before the New Year, and they are absolutely relentless this am.
Pretty disappointing way to end the year.
It never ends in California. Now they just passed a law that if someone, anyone, decides you are a danger to yourself or others be family neighbors whomever they can take your guns and hold them for think it is three weeks then you’ll have to go through the motions go get them back. They use examples of how they failed to act on someone that ended bad as a excuse to take anyone’s guns.
This, after he vaporized Glass-Steagall and parts of the Sudan and Afghanistan (that got you 911 if you believe the narrative) to get Cigargate off the front page.
So you see the seeds were planted long ago and another offshoot dynasty will come around again after November selections. Now that rates haven’t gone lower for the last seven years, the only incentive is through handouts a la Cloward Piven and Alinsky mentality.
What difference does it make?
Walmart makes about $6000 per employee. If they raise the wage from $9 to $12 it will wipe out their profits
About the same time James Carville told Billy boy, “it’s the economy, stupid”.
From that point on, gold was demonized (through the Bre-x fraud) to help Uncle Buck with no inflation. Declining interest rates became defacto without the govener of gold adjusting risk. Everybody feels wealthier, Clinton gets re-selected.
Lessons from Volker on his mistake of not curtailing gold, honest money and more importantly, wealth, to suck in the sheep and continue the Ponzi.