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24 comments

Just another guy August 12, 2014 at 9:48 am

I disagree. We have 2 things going for us still. 1) we are the strongest military by far and the Saudis will not give up the dollar as long as we promise to protect them, and 2) which currency are you going to replace it with?? Euro, they may break up at some point. China? It is tied to the US dollar and refuse to let it float. Russia? Yeah right, their economy is about to collapse on itself. Just ask the wealthy who are leaving the country as fast as possible and taking their money with them.

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Tim Brown August 12, 2014 at 10:07 pm

wow, amazing . chemtrails and fluoride have done their job

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jack August 14, 2014 at 8:11 am

are you day dreaming my friend….!!!! strongest military??? you should check ur facts.. fancy guns and planes dont make a strong army.. Dollar can be replaced with EUro very much… even BRICS countries are also planning the same…. and regarding your remark against Russia that their economy is collapsing… i think you are dreaming or you dont have brains… it was decades back that Russia was on brink on collapse today the RUSSIAN economy is easy challenging the US one.. It has simply no effect of US bans… let see how US copes up

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Rocky August 12, 2014 at 10:19 am

Grow closer to the BRIC countries? Seriously? The BIC of the BRIC (Brazil, India, China) have much more at stake with the West than they do with the Russians. Brazil is on the verge of becoming a full-fledged first world country, India has more trade with the West than Russia and no longer is reliant on Russia for arms, and the Chinese are more than happy to let Russia struggle so long as they get Russian gas (and I don’t mean from the food).

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nitrat August 12, 2014 at 6:33 pm

They’ve been saying that about Brazil for about 50 years.

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velocipedes August 13, 2014 at 12:58 am

Brazil is still very much a state-managed economy. They will never become “first world” until their government lets go of the reigns. Dilma is widely hated for her propensity to spend billions on stadiums in the jungle while millions of individuals are living in abject poverty due to government economic management.

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Bert August 15, 2014 at 5:53 am

Aren’t there millions of americans living in poverty as well? :-)

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velocipedes August 15, 2014 at 11:39 am

There certainly are. Did someone make a claim otherwise?

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Spartanzz August 12, 2014 at 10:26 am

This is accurate, Obama will have well and truly earned his nobel peace prize. He should be awarded the prize for the biggest idiot ever to get elected twice, what does that say about the IQ of the average US voter?

Bye America, it was great knowing you.

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Jackie Chiles August 12, 2014 at 11:44 am

Yeah, America is DOOOMED because Russia isn’t buying our chicken, fruits and vegetables.

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Spartanzz August 12, 2014 at 11:47 am

case in point…

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bogart August 12, 2014 at 11:25 am

The sky is falling….The sky is falling….The sky is falling. Have to wonder if Paul ever sees sunshine.

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Smirks August 12, 2014 at 12:03 pm

Gold. Gold! GOLD! BUY GOLD! GOOOOOLD! THE DOLLAR WILL SINK THIS TIME, WE PROMISE! PLEASE BUY OUR GOLD! IT TOTALLY WON’T TANK THIS TIME WHEN OUR PREDICTIONS FAIL YET AGAIN! GOOOOOOOOOOOOOOOOOOLD!

[Insert advertisement for company that scams dumb people with crappy coins here.]

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Jackie Chiles August 12, 2014 at 12:25 pm

Glenn Beck will only take GOALD coins from non-governmental entities when Freedomtown gets off the ground. Better spend all your money on GOALD coins and canned goods.

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euwe max August 12, 2014 at 1:12 pm

Goldline – Levin, Beck, Limbaugh all invest in the 1mg of pure gold clad collector’s edition.

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Centrist View August 12, 2014 at 1:00 pm

“…… if the BRICS countries decide to establish a gold-backed currency to challenge the dollar.”

All together now….
Follow the yellow BRICS road.
Follow the yellow BRICS road.
Faa-la-la-la-la-la-la
Follow the yellow BRICS road.

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Judge Keller August 12, 2014 at 1:06 pm

This does not read like something Paul wrote. It is not in his terse writing style. Is old Ron now publishing for pay?

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nitrat August 12, 2014 at 6:28 pm

Well, since they came to light, he’s said he never wrote all those anti-black and pro-militia newsletters…

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tim August 13, 2014 at 9:07 am

Well, since the anti-black articles contained some of the most absurd claims that even the KKK wouldn’t try to pass off, as well as the most ridiculous medical claims that a pre-med student knows are false, I think even hinting that he wrote them is almost more insane than the claims themselves.

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Paul Stewart August 12, 2014 at 2:58 pm

A loaf of bread was $0.05 in 1913, the year the Federal Reserve took over protecting the value of the dollar. A silver dollar had one ounce of silver in it. It would buy 20 loaves of bread.

Today a loaf of bread is about $1.00 (not counting the fancy designer breads). A silver dollar containing one ounce of silver will cost you around $20.00.

Conclusion: the dollar has lost 95% of its value in the last 100 years. Silver has lost nothing. One ounce still buys 20 loaves of bread the same way it did 100 years ago. The dollars you put in the bank, investments, real estate etc…well, not so much.

Since 2008 through QE1, QE2, QE3 the Federal Reserve has more than quadrupled the money supply. More than all the expansion in the previous 95 years combined. They have handed over this “printed-out-of-thin-air” money (backed by nothing) to the people who caused the housing market crash.

What could possibly go wrong?

How do you spell derivatives?

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Uh huh August 12, 2014 at 3:20 pm

This reminds me of the time Paul told everyone in 2002 that there was a housing bubble forming, everyone laughed and called him a kook then too.

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Tim Brown August 12, 2014 at 10:06 pm

buy Pinto beans, ammo, guns, cross-bows,pasta, rice, seeds(heirloom , unless hybrid will produce), cb’s with sideband in that faraday box, crank lites/radios, uh…..bicycles/tubes, plate metal to bulletproof your house, pinto wagon, bikes, and learn how to use A4V. Oh, hand pumps for water, outhouses, woodstoves, woods, woodsheds, stocked ponds, nets, snares, salt, rib-eye bone in , Honda Mini-Trails , 2 gallons gas, candles, kerosene, duct tape.

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9" August 12, 2014 at 11:16 pm

“All cats are libertarians.
Completely dependent upon others, yet entirely convinced of their independence.”

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velocipedes August 13, 2014 at 12:56 am

Everyone is dependent on others to live a high standard of living. That’s how the economy works. But there’s difference in being dependent on their cooperation, and being dependent at their expense. As Bastiat said,“”Government is the great fiction through which everybody endeavors to live at the expense of everybody else.” However, to engage in the economy, one must cooperate with others to trade on freely negotiated terms.

Your obfuscation of terms certainly lends no clarification to libertarian principles.

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