THINKING OF INVESTING IN BIT COINS? Small history - TopicsExpress



          

THINKING OF INVESTING IN BIT COINS? Small history lesson. Everything is connected. Money was originally based on a 1 : 10 value ratio and when "pegged" against gold, it was usually THAT ratio which is what gave money value and stability. It was around the time of Nixon that the "Gold Standard" was removed and the FED took over as the currency base repository. The stock market crashs of 1929, 1987 and 2008 were all manipulated (not conspiracy or conjecture). They were necessary banking "re-adjustments". The current USD has no fiscal value at all. It have been devalued to the point which would make your head spin if you knew the truth. Money based on a Ponzi Scheme is not stable and will not last long. read more here preppersnewsletter/Archives/2013-00008-Money-Not-To-Invest-In.php
Posted on: Mon, 26 Aug 2013 05:09:07 +0000

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