Indonesia Back to Gold Standard

The US took the US dollar off the gold standard in 1971 which was done by Nixon. This basically gave the Federal Reserve unlimited authority to print money as much as they want. What they are really doing is printing out Monopoly money. If you have ever played Monopoly, you may realize (or maybe not) that one of the important rules in Monopoly is that the Bank never goes bankrupt. If the Bank is out of Monopoly money, it can just write a number on an ordinary piece of paper and that will be accepted as “official” Monopoly money. This is exactly what is happening.

The money system we are in that lets central banks print money out of thin air just like what the Federal Reserve is doing, is basically what is being done in the Monopoly game. Paper money and monopoly money is only worth the paper it is written on.

What is even worse is the dumbing down of people regarding their wealth. They tell you all your paper money is wealth. But the elite themselves do not even use paper money. They know that at one point, the paper money that they have will be worth only the paper it is written on. Paper is just paper, especially if it is not backed by gold.

The elite’s currency is not paper money. They use anything tangible to stack their wealth. Their asset is made of gold, silver, commodities, and properties. This is what the vast majority do not understand. “Why buy gold?” you would hear people ask, “you can’t eat them!”

Ironically enough, the countries that now actually understand the rules of the games that the ruling elites have been writing are not the most wealthy ones. It is countries from the third world, countries whose religion of most of its people are being bashed all over (regardless of all the terrorism it is causing, but that is another topic). One of the countries whose average people understand the rules of the game is Indonesia.

Below in the video you will see how common people (Muslims, who get mostly bashed because of the “violent” religion) are using the Dinar (gold) and Dirham (silver) along with the Indonesian currency, the Rupiah. By doing this they are actually preserving their wealth while savers who stack up cash are losing it. While many western countries are laughing at the idea of buying physical gold, the people from the third world countries are backing up their gold just like the elites.

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2 Responses to “Indonesia Back to Gold Standard”

  1. [...] This post was mentioned on Twitter by MyLoansConsolidated, Imam Sinyo™. Imam Sinyo™ said: RT @elishevadpw: Indonesia Back to Gold Standard http://bit.ly/9BP3iN [...]

  2. [...] gold standard may be a good one. Considering that some other countries, especially in Asia, such as Indonesia, have been using gold and silver as alternative currency, I am curious about how this will develop [...]

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