fringeelements:

Obama learns from the best. Remember, printing money means more people will produce more stuff.
Why this is stupid



Maybe I just don’t understand money but at this point in time doesn’t paper money only have value because we say it does? my understanding is we don’t have the gold standard any more and even if we did isn’t gold only valuable because we say it is. If any one has any insight please feel free to share.

fringeelements:

Obama learns from the best. Remember, printing money means more people will produce more stuff.

Why this is stupid

Maybe I just don’t understand money but at this point in time doesn’t paper money only have value because we say it does? my understanding is we don’t have the gold standard any more and even if we did isn’t gold only valuable because we say it is. If any one has any insight please feel free to share.

8:49 am, reblogged by imlikeaclaymore
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Notes
  1. yettobenamedpoliticalblog reblogged this from fringeelements
  2. littlebitmore reblogged this from fringeelements
  3. motionfur reblogged this from fringeelements
  4. starryi reblogged this from fringeelements and added:
    I always stretch my neck out and listen intently while you talk, otherwise I can never quite follow your logic.
  5. jwean reblogged this from fringeelements and added:
    This comic and linked video, explain our current situation.
  6. communalinfrastructure reblogged this from fringeelements and added:
    Wow I glad I took...time to read it. I tend to ignore things that have goofy drawings of...
  7. imlikeaclaymore reblogged this from fringeelements and added:
    Maybe I just don’t understand...point in time doesn’t paper money only have value because...
  8. cubicmetaphysics reblogged this from fringeelements and added:
    I didn’t realize that I was following a straight retard. Are you a truther too?
  9. theboywhoatetheworld reblogged this from fringeelements
  10. fringeelements posted this