Comments by "boz" (@BOZ_11) on "Schiff vs. Henwood on Economic Crisis" video.

@PersianPaladin within the debt based monetary system i believe henwood is right. if we have debt free currency issuance, schiff is right; we won't get sound money back though, e.g. u.s notes/greenbacks. these fed notes are here to stay i think
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@Unkn0wnGuy or good morning! it's 1am here :) one last thing i wanted to say is that fiat money is fine so long as it's issued debt free. nn
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@Unkn0wnGuy longer term i can see it being dropped, but it won't lose it's reserve status until every oil exchange is trading in something other than u.s dollars. The rest of the world is absorbing U.S inflation so for the time being the u.s can keep printing money. Chipping away at the deficit only destroys money. Need to redistribute currency from wall street to main street. Better yet, bring back debt free U.S notes and end the fed
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@mcamelyne "Schiff is heartless" in a wholly unethical way, since he said he believes that ppl who paid into SS their whole working lives shouldn't get their money back! imagine if schiff's private pension fund didn't pay up on retirement! he'd have soo many lawyers converge on that company the sky would turn black from all the suits. he also only cares for rich ppl, since he didnt think that those bailed out bankers should be taxed for the tax payer to get it's money back
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