razzelflabben
Contributor
well, I don't have time to get into a whole debate about our banks, but I will ask you how we are better off with the government owning the banks than the Rockafellers...one requires profit, the other a devaluation of money....in fact, my grandparents were migrant farmers during the "great depression" and they repeatedly said that they have never seen the economy as bad as it progressed under more government control.Free market is an ecomomical idealogy where the market is completely separate from any kind of goverment involvment...A true free market doesn't even have any uniform currency restrictions. From around 1779 through the very late 1800's...We had private banks printing their own currency...which doesn't necessarily sound all that bad at first, but then came the crash/panic of 1901.
If you have a bunch of currency from 6 different banks, those individual banks control the value of the currency by regulating the amount in circulation and the amount of commodities backing per unit. J.P. Morgan and Rockefeller started buying out all of the smaller banks (which they were able to do with their vast wealth because the government can't prevent monopolies in a true free market system).
If they now own 5 of the 6 banks that you hold currency from, they control the value and exchange rate of 5/6 of your money. Since they wanted to get into the internation central banking scheme with Rothschild and Warburg, naturally they formed their own currency (which they were allowed to do as bank owners in a true free market system) in the form of the Federal Reserve bank. Since they were pushing for their own currency to reign supreme and become the standard, naturally they did everything in their power to devalue the independant currency printed by all of the banks they bought out leaving most people virtually devestated by the rapid loss of value on all of the currency they possesed.
Benjamin Franklin warned of the dangers of allowing international banks to take over because it wasn't an "honest" money system. However, in a true free market, the government is powerless to stop that kind of take over. The free market system is nothing more than a precursor to a total aristocracy.
There has to be some kind of regulating body for the economy. You can't leave money control in the hands of the people because as we can see from history, whoever has the most will end up running the whole show and you end up with a regulating body anyways, it just ends up being the bankers themselves instead of an impartial third party like it should be...
Any other questions?
Now on to the point of this post that I want to make...As I said already stated and will state again, all forms of economic governments are run by the people, a people who will try and often succeed in manipulating and corrupting the ideas of the government. The best we can hope for is that we choose the government with the best chance at preserving the liberties of all and limiting the abuses...what floors me is that anyone, Rep., Dem, conservative, liberal, moderate, etc. thinks that any human form of government is without corruption or manipulation. In fact, from the start of this discussion I talked about how God's form of government is vastly different from man's and not a single person dared to comment.
Bottom line, sure free market has problems, so does capitalism, socialism, etc. The question for each person out there is which form of government best holds up the basic views of your personal beliefs. From a biblical standpoint, "free will" is the mark of life, and thus should be our consistant mark of government.
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