RE: Trump Calls For Moratorium on Muslim Immigrants
December 18, 2015 at 1:37 pm
(This post was last modified: December 18, 2015 at 1:39 pm by Thumpalumpacus.)
(December 18, 2015 at 10:24 am)Drich Wrote:(December 18, 2015 at 4:39 am)Thumpalumpacus Wrote: lol, this idiot doesn't even know that America left the gold standard in 1971.
Dumbfuck.
Actually sport it was 1933 that the US left the gold standard, and silver in 63 for notes and 65 for coins. what happened in 71 was the creation of fiat money, or the federal reserve note verse US currency. Meaning the people had no right to demand/redeem it for silver or gold. That how ever did not mean the dollar was completely cut from the Gold the nation held in reserve. Because the fiat dollar was now tied to the nations GDP, and guess what sport Gold is a big part of that GDP. Now mr smarty pants ask yourself what happens to the nations GDP when some hippy nut bag who has shown himself to be completely inept to make a deal good for the US (giving Iran nukes) hands the vast majority of the nations Gold over to China, to pay a debt he himself created?
https://en.wikipedia.org/wiki/History_of...tes_dollar
https://en.wikipedia.org/wiki/Gold_reserve
SMH
You're stupider than you know. You are worried about owing money to other nations, and yet you want to elect a man with a track-record of running businesses into the ground.
Are you a citizen, Drich? Can you vote?