There is alot of this stuff circulating around, promoting ideas about how fiat money is theft and about this alleged group of evil bankers that rule the world. It looks very persuasive, but let's do some critical thinking, Okay?
For one thing, can you imagine modern economy with gold and silver coins still in use? I mean, how would you buy online with these? Imagine ships loaded with gold and silver going to China from the four corners of the world, with payments for purchases on Ali Express. Most of money transfer today is completely virtual, and without the trust that fiat money represents, these could not happen.
Another thing is how much US centric these movies are. It's like how the US baseball finals are called, "The world series". The US is an important superpower but it doesn't run the world. If people in the US want to question the financial policy of their country, that's great, but they should make a global conspiracy out of it.
And finally, there is this thing that these movies simply recycle the same arguments that anti globalists have been making for almost 250 years, and somehow, they are always accomodated with anti-Semitic and other racist tones. You probably noticed how Abraham Lincoln is presented in this movie. It's no coincidence.
The fiat money system certainly has it's drawbacks, but which system doesn't? If we want an open world with free trade, and a ststem that gradually creates better lives for everyone, is there a substitute to fiat money based capitalism? I doubt it very much.
Great. I actually wanted to know more about the ideas he utters about invading Iraq and attacking Libya. They seem to be because they wanted to exchange oil with a currency other than dollars. It seems somehow rational since the dollar is set up in a way that it gains its value from the oil exchange process. I think crypto currencies are a good alternative to dollar and state-supported currencies. I read an arti9cle sometime back where teh author showed that the Federal Reserve has made every wrong decision possible throughout the years which crippled the US economy and led to multiple recessions and economic complications. You seem to be very informed regarding these issues. what do you think?
Well, I am usually very suspicious about conspiracy theories because it's just not the way things work. I don't think there was ever a decision made to attack Iraq because Saddam Hussein said he will buy oil in Dollars. I think many wrong decisions were made about the war in Iraq, but I this kind of decision process seem too far fetched.
The thing is I don't know what else could have been the reason to attack Iraq. The fact is any explanation for invading Iraq will undoubtedly fall in the category of conspiracy theories since they didn't have anything to do with 9/11 or Al-Qaeda. They didn't have any weapons of mass destruction because that was a lie. Any other reason for that war will be part of a conspiracy.
No, there was no reason to attack Iraq. They certainly did not have any non conventional weapons and clearly had nothing to do with 9/11. I don't know how the decision was made, as it was clearly not based on the reasoning that was given to the public. I think if it has to do with oil, the Bush administration was after the oil itself, and not just trying to make sure it will be sold in Dollars.
So some of the conspiracy theories have some merit to them. If the government lies about this, they could lie about other things too. The thing that I would like to know is if the currencies of other nations such as euro, yen, or pound are backed by gold reserves or not. Is there any currency in the world that has a gold backing you know about? For instance, steem here has inherent value since it is not just printed by a federal reserve or any other entity much like Bitcoin which is created by mining. These currencies have inherent value. they are not just a piece of paper or a bit that anyone can just create or print. I think the currency should be just like a product based on which you can exchange other stuff. What do you think?
There is alot of this stuff circulating around, promoting ideas about how fiat money is theft and about this alleged group of evil bankers that rule the world. It looks very persuasive, but let's do some critical thinking, Okay?
For one thing, can you imagine modern economy with gold and silver coins still in use? I mean, how would you buy online with these? Imagine ships loaded with gold and silver going to China from the four corners of the world, with payments for purchases on Ali Express. Most of money transfer today is completely virtual, and without the trust that fiat money represents, these could not happen.
Another thing is how much US centric these movies are. It's like how the US baseball finals are called, "The world series". The US is an important superpower but it doesn't run the world. If people in the US want to question the financial policy of their country, that's great, but they should make a global conspiracy out of it.
And finally, there is this thing that these movies simply recycle the same arguments that anti globalists have been making for almost 250 years, and somehow, they are always accomodated with anti-Semitic and other racist tones. You probably noticed how Abraham Lincoln is presented in this movie. It's no coincidence.
The fiat money system certainly has it's drawbacks, but which system doesn't? If we want an open world with free trade, and a ststem that gradually creates better lives for everyone, is there a substitute to fiat money based capitalism? I doubt it very much.
Great. I actually wanted to know more about the ideas he utters about invading Iraq and attacking Libya. They seem to be because they wanted to exchange oil with a currency other than dollars. It seems somehow rational since the dollar is set up in a way that it gains its value from the oil exchange process. I think crypto currencies are a good alternative to dollar and state-supported currencies. I read an arti9cle sometime back where teh author showed that the Federal Reserve has made every wrong decision possible throughout the years which crippled the US economy and led to multiple recessions and economic complications. You seem to be very informed regarding these issues. what do you think?
Well, I am usually very suspicious about conspiracy theories because it's just not the way things work. I don't think there was ever a decision made to attack Iraq because Saddam Hussein said he will buy oil in Dollars. I think many wrong decisions were made about the war in Iraq, but I this kind of decision process seem too far fetched.
The thing is I don't know what else could have been the reason to attack Iraq. The fact is any explanation for invading Iraq will undoubtedly fall in the category of conspiracy theories since they didn't have anything to do with 9/11 or Al-Qaeda. They didn't have any weapons of mass destruction because that was a lie. Any other reason for that war will be part of a conspiracy.
No, there was no reason to attack Iraq. They certainly did not have any non conventional weapons and clearly had nothing to do with 9/11. I don't know how the decision was made, as it was clearly not based on the reasoning that was given to the public. I think if it has to do with oil, the Bush administration was after the oil itself, and not just trying to make sure it will be sold in Dollars.
So some of the conspiracy theories have some merit to them. If the government lies about this, they could lie about other things too. The thing that I would like to know is if the currencies of other nations such as euro, yen, or pound are backed by gold reserves or not. Is there any currency in the world that has a gold backing you know about? For instance, steem here has inherent value since it is not just printed by a federal reserve or any other entity much like Bitcoin which is created by mining. These currencies have inherent value. they are not just a piece of paper or a bit that anyone can just create or print. I think the currency should be just like a product based on which you can exchange other stuff. What do you think?