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RE: Bitcoin To Hit $10,000 Within One Year. By Gregory Mannarino
Even with a Gold Standard, the Gold will still be valued in Pocket Change after the RESET and Transfer of Wealth... The one thing pocket change has going for it is listed in Article 1, Section 8 of the United States Constitution which says... Congress has the Power to Coin Money and "Regulate" (RESET) the Value thereof... We won't be doing what Zimbabwe or Venezuela did... Yours was a great comment... Thanks...
@pocketechange
I love that your into the bill of rights, wish more people were.
I get what you saying, but with this generation of reaction and not taking time to learn history, they look to erase it, unfortunately that's what Stalin and hitler did, as well as every culture where they become dumbed down by burning books, believing in a leader who manipulates their minds and creates hatred toward each other, there's two things we learn from history that is in effect today, devide and conquer technique and the Hegelian effect of create a problem, have the solution and wait for the reaction.
As far as article 1 section 8
Congress controls the minting of money and (theoretically) sets its value. In practice, the creation of the Federal Reserve Bank in 1913 transferred most of the power over setting the value of the dollar to the Fed.
But after the last bubble bust in 08, the Fed reserve has not been able to balance its sheets. They are in a hopeless situation,
The imf has become the most powerful and after listening to Jim Rikkard about sdr rights, which is special drawing rights, the banks and special elite are the ones creating and destroying wealth.
It's why we will have a reset, and it will as far as I believe , backed by gold.
Great reply, but our Monetary System will never be backed by Gold or Silver... You'll still be able to buy Gold and Silver with our Medium of Exchange however... We can't set a permanent value on Gold and Silver... We tried that before and it didn't work... Our New (Debt Free) Dollars will be backed by Common Pocket Change... The National Debt will be paid in full and our Income Taxes will all be going down... We are about to make America Great Again, just like President Trump has been saying...
@pocketechange
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