Monday, December 10, 2007

Liberty dollars

I realize that I'm going to sound like a complete lunatic for writing this, but I'm going to do it anyway. I'm not some left wing nut I just think that this idea is soundly reasonable.

For those of you that haven't heard, There is an alternative currency in the U.S. it's called The Liberty Dollar. Go ahead and click on the link, I don't really have the time or the expertise to explain the whole system to you. Done reading? The principle of having a dollar that is actually backed by a measurable amount of gold, that can only appreciate in value seems like a pretty solid idea to me. I know you think I've gone off the deep end but I haven't.

I briefly touched on my issues with our economic system two posts ago when I mentioned rising inflation and the ratio of money the government is spending as opposed to how much we're receiving in tax allocations. It seems silly that we print more money, but don't acquire any gold or silver to back it. Pretty soon, the U.S. dollar will be worth about as much as the Yen.

Do you remember when gas was less than a dollar and penny candy was a penny? I think the rise in prices has less to do with foreign dependency on oil and greedy executives, as it does the devaluing of the dollar. Think about how much money the war in Iraq is costing us, then compare how much money we brought in, in taxes last year. I don't think it all adds up to well, There has been too much "creative math" in the last 50 or so years to make everything add up. I'm just not okay with it anymore.

The government has decided that the liberty dollar is illegal, charges have been filed for counterfeiting money. This bothers me, What's the point of capitalism without the benefit of competition, at the very least I hope our treasury department looks at it like a wake up call and realizes there is a problem.

On a side note: PTBG was allowed to train the new girl, whom I haven't referenced yet. It was damned hilarious. I've never heard so many "Like"'s, "Whatever"'s and "oh my gosh"'s. The first day I met the new girl, without having said a word to her, I knew I wouldn't like her. She's ditzy and skittish, she seems to be afraid of her job. I'm not okay with that. All in all I can't hate her though, she has a great rack, at least I get to stare. I'll get over my dislike by not talking to her. You can't hate someone you don't talk to right? Especially if they're hot. So much for first impressions.

1 comment:

Ian Thomas Healy said...

Interesting idea. No wonder the government is so keen to crack down on it.