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Since central national bank systems do not work, what makes the Elite think a central world bank would work?
I think we should start using a gold standard, the Elite would love a "world currency" but we already have many options better than anything they can come up with. Gold/Silver Standard, which would mean our money is backed by precious metals and metal is universal/global. We also have Bitcoins, which are backed by math and the impossibility to counterfeit, Bitcoins are global too. I doubt the global elite are smart enough to come up with anything even remotely close to either of theses two systems. The Elite push us hard into centralized systems, which are proven to fail, so, shouldn't we just ditch centralization of power because it's proven to be a failure?
disadvantages? what disadvantages?
Your link is full of rewrites of the same excuses to devalue people's money, quite unethical. Limit growth? you do realize you're retarded right? we're in this dump right now because of 'easy money' for 'easy growth',... you basically you just said you support and like the recessions.
lool, the gold standard doesn't work? you just said later in your post that the globalists use gold to protect their wealth from... fiat currencies, which is it? good or bad? You contradict yourself.
6 Answers
- Mike WLv 79 years agoFavorite Answer
The national central banks work quite well, for the bankers, and a world bank would be even better for them. They could care less if the system works for us.
- ?Lv 79 years ago
The gold standard did not work hence the reason we went to the fiat currency system.
We are already using a world central banking system, except it has loop holes for the currency manipulators that prey on gold positions when markets get nervous.
A central world system would make it difficult to get action off of proprietary positions in commodities like gold.
You would have to earn your money honest like.
Having a gold standard means having volatility action by speculators that use options to drive prices to their advantage, that is the reason the gold standard was abandoned.
Source(s): did you see the gold spike yesterday...greece is already issuing IOU's and awaiting exit from the eruo, and Italy will be next. - ?Lv 79 years ago
The elites want power- and a central banks give some dumb SOB more power.
Personaly I want more countries to adopt competing curencies- as fiat money should basicly be replaced with barter slips backed with gold and other comodities
- gunsrfunmgLv 69 years ago
It's not about whether or not it works well for us, it's about what works for them. Multinational banks have total power over the entire economy and thus the world through fiat currencies and central banks.
- Anonymous9 years ago
Read this list of disadvantages before you make up your mind:
http://en.wikipedia.org/wiki/Gold_standard#Disadva...
And if you think gold standard is so successful, why do you think countries phased it out in the first place?
- Anonymous9 years ago
wake up sheeple the Elite want to take away your bitcoins
