I Believe It, because I Lived It
Compiled articles by Pat Darnell | Mar 16, 2014 | Bryan TX
[Picture LINK] Rockefeller is probably hoarding tons of gold, I bet he has a few rooms like this.
After 3000+ posts, MooPig Wisdom is finally putting the final pieces in to complete the jigsaw puzzle that is our current government, and business environment. Finding reasons for current events is a humbling task. We cannot say it is not without a bunch of zigging and zagging to go from the question "What in the name of God is our government doing?" ... to today's question ... "Oh, so that is why they are doing all this boondoggling?"
We have in essence been rehashing issues that bubbled up during the 60's - 70's. UCLA Berkeley says:
1971 Termination of Gold/Dollar Convertability - Timeline - Slaying the Dragon of Debt - Regional Oral History Office - University of California, Berkeley: "Under the Bretton Woods agreement of 1944 the U.S. dollar was the only national currency directly backed by gold. Other currencies were valued against the dollar, which could be exchanged through the U.S. government's "gold window" for a fixed amount of gold. Over the course of the 1960's, however, this system came under strain. Spending on the Vietnam War and Great Society as well as the revival of Western Europe and Japan led to a decline in the U.S. balance of payments. This, in turn, placed significant pressure on the dollar: U.S. gold holdings could not keep pace with the expanded money supply required by domestic and international economic growth. Fearful that other governments would rush to convert their dollars into gold and thereby precipitate a run on the dollar, on August 15, 1971 Richard Nixon unilaterally suspended dollar-gold convertibility."
'via Blog this'
CONCLUSION
It is as if Globalization, and International ambiguity hit the USA like a conflagration in the 1960's. Due to the spending on international pet projects like the Vietnam War and the Great Society, Nixon took away the gold standard of our currency. Our gold holdings could not keep up with our spending abroad. What would happen if Vietnamese suddenly turned all their dollars in for gold?
That act set in motion ripples in every phase of government, industry, business, and life withstanding. We are still riding this ripple today, like surfers with lots of fiat cash in our hip pockets.
___________________Reference
http://bancroft.berkeley.edu/ROHO/projects/debt/terminationgolddollar.html
http://www.abovetopsecret.com/forum/thread448462/pg9
http://bancroft.berkeley.edu/ROHO/projects/debt/oilcrisis.html
Moo Pig Wisdom is a brilliant combination of Antiquity and Prequel Modern Flea Market. We respectfully ask you to mind your children while here.
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2014
(159)
-
▼
March
(25)
- MooPig's "I Feel a Limerick Coming on" Department ...
- Sunday Funnies
- MooPIg's Sure-fire Solution for Writers' Block: a ...
- MooPig's Art History Nano-second :: Burning Man
- Lie by Lie: A Timeline of How We Got Into Iraq
- MooPig Fracking Watch Department ::
- Sunday Funnies
- MooPig Report from the Middle :: "St Patty's Day...
- UPDATE :: Alligators and Girls
- MooPig 'Stuff No One Wants to Hear About' Departme...
- Sunday Funnies
- UPDATE Honey Bee Down :: "Somebody is Monkeying Ar...
- High Comedy
- MooPig Oil Spill Department :: "How long does it ...
- MooPig Tech Coroner :: "Good-bye Microsoft, Hell...
- Sunday Funnies
- MooPig Publishing Corner Department :: "Tea Party...
- MooPig E-Cigarette Department :: "Rebuild-able G...
- LMAO
- MooPig Architectural Bombast Department :: "Aban...
- MooPig Cut and Paste Department :: "Rothschild"
- MooPig Fiat Currency Department :: "Petro Dollar"
- MooPig Trend Spotter Department :: "THE INTERNET...
- MooPig Re-Reading Old Posts Department :: "From ...
- Sunday Funnies
-
▼
March
(25)
SUNDAY :: bishop FM 105.9 Auckland
DISCLAIMER
: It is PROHIBITED by law to use our service or the information it provides to make decisions about consumer credit, employment, insurance, tenant screening, or for any other purpose subject to the Fair Credit Reporting Act, 15 USC 1681 et seq. MooPig Wisdom does not provide consumer reports and is not a consumer reporting agency. The information available on our website may not be 100% accurate, complete, or up to date, so do not use this information as a substitute for your own due diligence, especially if you have concerns about a person’s criminal history. MooPig Wisdom does not make any representation or warranty about the accuracy of the information available through our website or about the character or integrity of the person about whom you inquire. So dip your balls in turpentine and get rid of your own fleas before calling me out.
Ask Someone Who Cares -- SUCH AS SUCH MULCH
To report any abusive, obscene, defamatory, racist,
homophobic or threatening comments, or anything that may violate any applicable laws, please click --ask_someone_who cares -- ASWC to report with pertinent details.
Anyone posting such material will be immediately mesquitte blackened over a very hot pit fire down at C and J's BBQ on Harvey-Elmo-Weedon Road, and permanently removed from all servers, its IP
owner will be locked in a small room with back issues of The ECONOMIST, and one scratchy re-mix 8-track tape of Steely Dan's first album...
IP addresses might be recorded to aid us in enforcing these conditions, that is if we cared.
Email MooPigster Customers' Alert
http://www.youtube.com/watch?v=CywR3ouHKP4
If you receive this post via email, you notice it is mostly 'blank'.
We at MooPig Surmise, that at this point, one either says:
If you receive this post via email, you notice it is mostly 'blank'.
We at MooPig Surmise, that at this point, one either says:
"WOW, I'm off the hook, and don't have to pay any attention to that pesky MooPig STUFF!!"-- OR --
"Hey, where is it ...?"The answer is: "IT IS A youTUBE presentation"... and you will now click on the http above to go see this modern miracle of technology.
MooPig Wisdom is Your Life-Line to Parody:
24\7 -- We accept all Calls from Contestants
MPW Unique Value Proposition, UVP
Shards of Evidence ... Opinion and Editorial ... We Blunderbuss indigestible Ersatz of Readers' and Writers' ... Explain Strategies of quasi-firms... and some not so quasi ... 110% Proof
One Only Advertisement Only One
Publisher of Satire ... Enemy to Bombast ... Very Swank ... More Fun to Write than to Read
Shards of Evidence ... Opinion and Editorial ... We Blunderbuss indigestible Ersatz of Readers' and Writers' ... Explain Strategies of quasi-firms... and some not so quasi ... 110% Proof
One Only Advertisement Only One
Publisher of Satire ... Enemy to Bombast ... Very Swank ... More Fun to Write than to Read
MooPig Wisdom is online to provide spring board for writers.
MooPig is the Writers' Writer that encourages voice, content, and style. PD
MooPig is the Writers' Writer that encourages voice, content, and style. PD
No comments:
Post a Comment