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RE: Is cash incompatible with a free market?

in #politics8 years ago

The real problem that everyone is missing is what that cash represents. A paper note was originally intended to be a receipt for something, namely a piece of metal in a vault. The bankers have known for thousands of years that people trade receipts without physically trading the object of the receipt- so they just print up 10-100x as many receipts and boom, they're instantly 100x more wealthy than you. It's actually far worse than that, but that's the general idea of fiat currency and fractional reserve.

So all fiat currencies, whether paper or digital, are entirely rigged and built for fraud from the ground up. There is nothing free about this fraud. The deck is stacked against everyone except the bankers who manipulate the issuance of currency and credit (debt) from behind the scenes, and answer to nobody, not even government.