Sammy Jankis
Was it me?
People used to do the same thing with barter. It was called feudalism.
Feudalism is a bit more than a barter system, jizzy.
And irrationally dictating value is totalitarianism. WHat's your point?
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People used to do the same thing with barter. It was called feudalism.
Free banking, backed by gold & silver in private banks in conjunction with the U.S. treasury is the only realistic way of curbing the ever-expanding power of the federal government. Until the government no longer has the ability to print its own money out of thin air, it will continue to behave as if there are no limits to the aspirations of whomever is in power.
Fractional reserve banking is essentially fraudulent. Contract or no contract, the bank simply cannot pay out all of its customers if too many demand their accounts at one time.
Feudalism is a bit more than a barter system, jizzy.
And irrationally dictating value is totalitarianism. WHat's your point?
Dumbfuck, I was pointing out how feudalism was the creation of individuals who abused the barter system, just as you claim currency is abused and thus needs to go.
Feudalism grew out of the very pragmatic manorial system in the wake of the fall of Rome and the emergence of the Dark Ages.