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If you trace back every single economic issue and many social issues, you will find that soundness of money is the root cause of it. When you give the power of money creation in the hands of government and central banks, eventually it will promote a lot of cronyism and corruption. Politicians are able to promise their constituents things that they would not otherwise be able to. Citizens will start expecting things that they would otherwise not expect.
The irony of this all is that it is the middle class and poor in every society that get bought into the rosy promises of paper currency and it is the same class that has most to lose from it. They fail to realize that paper currency lacks the objective standard of money. Would you exchange the fruits of your labor for free? Well, that's what you do when you accept paper currency in the long run. With Gold standard or any commodity backed money, you exchange value for value.
Wake up America before you are destroyed by this monster.
- Paperback: 242 pages
- Publisher: CreateSpace Independent Publishing Platform (January 25, 2012)
- Language: English
- ISBN-10: 1469971801
- ISBN-13: 978-1469971803
- Product Dimensions: 6 x 0.6 x 9 inches
- Shipping Weight: 15 ounces (View shipping rates and policies)
- Customer Reviews: 90 customer reviews
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Amazon Best Sellers Rank:
#2,078,625 in Books (See Top 100 in Books)
- #3309 in Economic Policy
- #3362 in Economic Policy & Development (Books)
- #13504 in U.S. Political Science
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