(December 20, 2015 at 6:36 pm)CapnAwesome Wrote:(December 18, 2015 at 10:24 am)Drich Wrote: 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
I like how you link to giant over arching things like 'history of the US Dollar' to back up a very specific statement. Anyway, what you are originally saying about Obama emptying fort knox is just a conspiracy theory anyway that goes way back. The same thing was said about Bush, Clinton, Reagan. It comes up with every president. I don't know how people's memories are all so shitty.
Just look at Drippy. Believe me, understanding will come to you!
