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Monday, June 13, 2011

Pieces of Eight

No, we're not reading Robert Louis Stevenson's Treasure Island - although that would be fun.  We're talking about money.  It is one of those topics that has intentionally been left of the list of "things to learn" in school.  Actually, it is pretty high on the very LONG list of things not to be discussed in school.  Edwin Vieira, the author of the book Pieces of Eight, speaks with James Turk of GoldMoney about the irrationality of our money, and its blatant unconstitutionality.  Our constitution clearly states that the Federal Gov't cannot emit "bills of credit" (paper money), and that the states can use "NOTHING BUT gold and silver coin" in the repayment of debts.  Why do we use neither?  Who gains from this obvious fraud upon the people?  Who loses?  Why is there a war on gold?
To make it short (and because E. Vieira does a much better job), the gold standard limits government.  Ok, big deal - gov't can't fund endless wars (Iraq, Afghanistan, Libya, Yemen etc). But the part that the overlord elites really dislike is the power gold puts in the hands of the people.  That is the part that your gov't masters hate.  You should be a sheep.  You should have your wealth confiscated, and the Power Elite should strive for a medieval manor style world, with you as one of the serfs.  Gold stops all of that.  With gold money your wealth is stored, prices go down, entrepreneurship skyrockets and people have control over their lives.
Do you see now why it isn't even discussed?  Why gold and silver and the constitution and dozens of other things are NOT on the list of things for you to learn in "school".  It didn't happen overnight, but over a few sinister decades these topics were removed from schools and universities.  Don't think you will get lessons in gold and free market economics in college.  They've been bought off as well.  The best part is you can learn about all of the forgotten things at mises.org and from Tom Woods.  Oh yes, you can get a 44 minute lesson on constitutional money from a guy with 4 degrees from Harvard right here for FREE.

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