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Forum Post: Decentralized Money: Yes, Tea Party: No

Posted 10 years ago on Nov. 22, 2011, 5:47 p.m. EST by yarichin (269)
This content is user submitted and not an official statement

To restore the world economy we need all money to be backed by an item or items, that cannot be easily produced or counterfeited. Centralized banks have to go. Many people funded by the Tea Party including Ron Lawl say we should return to the Gold Standard. This indicates to me that they have large stocks in gold. Money does not need to be based on a single resource to work. All that is needed is to make sure the person or group issuing the money always has the resources on hand to back the paper in circulation.

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3 Comments


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[-] 1 points by EXPOSED (222) 10 years ago

I agree. He, who's name cannot be mentioned, totally doesn't want competing currencies backed by many things including gold, silver and even other fiats. He, who's name cannot be mentioned, is totally not saying what you're saying...

[-] 0 points by R3volution (19) 10 years ago

http://www.teaparty11.com/

Repatriated from the neocons!

[-] 0 points by ronjj (-241) 10 years ago

So what IS your better resource than gold?? Just wondering. I have seen seashells mentioned repeatedly on here.