"The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.... Deficit spending is simply a scheme for the "hidden" confiscation of wealth.... [Gold] stands as a protector of property rights."
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."
Well I've almost complete converted over to a nut bar isolationist.Â I want to buy a gun and convert my money over to the Liberty Dollar. I'm scared that my world and the things I love in it are on an inevitable slide down into the shitter and there isn't anything I can do about it. I see problems but I don't know how to fix them that won't be as painful as allowing them to fall over.
Help. I don't know what to do.