"Hard money" is nonsense, but it is extremely appealing nonsense.
Karl Marx, after all, was a goldbug.
But we are at a place where people are going to realize that money is a social relation or they are going to be completely screwed. Expect a run on gold, a bubble, total panic.
This kind of anti-Fed stuff is EVERYWHERE in America. It's extremely alarming because of the way it cuts across ideological lines.
On Mon, Sep 29, 2008 at 1:36 PM, Doug Henwood <dhenwood at panix.com> wrote:
> Dennis Kucinich: "Isn't it time for fundamental change in our debt based
> monetary system, so we can free ourselves from the manipulation of the
> Federal Reserve and the banks?"
>
> What kind of nonsense is this? Goldbuggery?
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>
-- peace,
boddi
http://financialroadtosocialism.blogspot.com/