Human Freedom and Sound Money Go Hand in Hand.

in #market6 years ago (edited)


In this report I go over an essay written by Howard Buffet in 1948 entitled "Human Freedom Rests on Gold Redeemable Money". Howard Buffet was a congressman from Nebraska and was also the father of Warren Buffett the billionaire investor. Warren Buffet ironically is not a proponent of the gold standard and sound money.

Congressman Buffett notes that the first thing dictators like Hitler, Mussolini and Lenin did when they came to power was to outlaw individual ownership of gold. He also notes that the right of the individual to redeem paper money for gold and silver keeps the political class and government in check.

He also notes that fiat money, the antithesis of sound money, leads to endless wars, debt and slavery. The conclusion is that the taxpayer under an irredeemable paper money system ends up footing the bills through endless taxation and an ever increasing debasement of the currency.

Warren Buffett essay: https://www.fgmr.com/wp-content/uploads/2017/02/Howard-Buffett-explains-sound-money-4-May-1948.pdf

"What Has Government Done to Our Money" by Murray Rothbard: https://www.amazon.co.uk/gp/product/1607967766/ref=as_li_tl?ie=UTF8&tag=maneco64-21&camp=1634&creative=6738&linkCode=as2&creativeASIN=1607967766&linkId=c62634b5c8c4df2840a144ee8d975e72


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Great work bro "Human Freedom Rests on Gold Redeemable Money" thanks
@maneco64

it's correct . Money causes war and conflict.

Fiat money or unsound money does but gold redeemable money makes it harder as it puts a limit on spending by the politicians and their business cronies (military industrial complex).

Money or gold is for the war. My country has been occupied for over 1000 years

The freedom to invest is really great
Very special explanation
great video
You are a truly special investor

This issue will always be there and no matter what manipulation will stay at the hands of the upper wealth person.

Unfortunately both are gradually being taken from us..

Thanks for the post.

Great market and beautiful your t shirt my dear friend @maneco64
I like it this your Post... best of luck.

Great video.

When you come to a point where you have no need to impress anybody, your freedom will begin."Human Freedom Rests on Gold Redeemable Money" title is so good and give the valuable point..Thanks for sharing, @maneco64

pemborosan peningkatan uang, akan berdampak pada kerugian

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