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Hugo Salinas Price: Fiat money and independence for Scotland - Chris Powell - GATA

Good plug for genuine money. Few realize that global overpopulation is driven by excessive Fiat currency because the masses don't have that brake on their fertility. The population decline of the 30s Depression showed the dampening affect of austerity. Many economists like to defend Fiat currency money supply expansion with the excuse of keeping up with an increasing population as if it's some runaway train that drives all economies oblivious to conditions. Many bureaucrats like to predict a growing population in 2050 based on past increases.

They are oblivious the the fact that we're probably going to have a massive die off when the dollar and Fiat currencies collapse. I predict we'll probably have a 30% reduction from our current 7B global population. We're in new territory where previous charts don't apply. The world needs less labor and there's going to be no more free money. As Mike Malloney says in his Seven Stages of Empire that we're at the end of stage seven when a Fiat currency collapses and returns to stage one of genuine money of G & S. It's been repeated many times in history with no exceptions.

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Début de l'article :Fiat currency is a cause of national separatism, currency wars, and social division between rich and poor, Hugo Salinas Price of the Mexican Civic Association for Silver writes this week in commentary headlined "Fiat Money and Independence for Scotland," posted at the association's Internet site, Plata.com, here. http://plata.com.mx/mplata/articulos/articlesFilt.asp?fiidarticulo=248... Lire la suite

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