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Coreysaurus
Thom Hartmann Program
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Comments by "Coreysaurus" (@ggadguy) on "Thom Hartmann on the News - May 25, 2011" video.
Thom is wrong about currency. We once had a currency based off of real materials (gold, silver). But now it's not backed by ANYTHING. Just the confidence in the citizens. Backing currency restrains politicians from printing money and devaluing your savings and labor. I beg liberals and conservatives to watch this video and understand why money should be backed by real money (gold, silver). Otherwise it can be manipulated and devalued over the years. youtube.com/watch?v=E5VNAEmmBQM
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By the way, gold is not volatile as Thom would suggest. It's been on a slow and steady move higher and higher for the past 11 years. If you want a STRONG currency you want it backed by gold instead of just paper and faith. I pleaded with my family to buy gold at $550 and now it's $1525. There's a reason why I am right and that's because I know economics and Thom doesn't have a god damn clue.
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Another point. Glen Beck is not the only one that promotes gold. Thom Hartmann also has promoted gold on his radio show for YEARS! I know because I've listened to him for years. He knows gold is the only true money. So do what Thom says. Buy gold because the dollar has been falling for years. It's not just Goldman Sucks buying it. It's China, India, Russia, and many other central banks buying gold. Don't be left holding paper. Buy real value... gold. It's been money for 5,000 years.
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