Commodity Trade Mantra

Posts Tagged ‘Debt Slavery’

A Gold Standard & Debt Jubilee for an Honest Money Monetary System

A gold standard handcuffs corrupt governments, forcing them to operate somewhere near a balanced budget, at all times. It handcuffs criminal central banks, restraining the speed with which they steal-by-inflation to a near-zero rate. Only alternative to Debt Slavery: Debt Jubilee – the complete renunciation of all debts. We absolutely require a gold standard but cannot till we don’t have a debt jubilee.

United States Of Debt: Total US Debt Hits A New Record Of Nearly $60 Trillion

What would you say if I told you that Americans are nearly 60 TRILLION dollars in debt? When you total up all forms of debt including government debt, business debt, mortgage debt and consumer debt, the U.S. is in 59.4 trillion dollars in debt. And most of this debt has been accumulated in recent decades.

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