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Gold Wars

The Battle Against Sound Money As Seen From A Swiss Perspective by Ferdinand Lips

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  • Table of Contents
  • Critical Acclaim
    • Antal Fekete
    • Dr. Aubrey L. Paverd, Ph.D. – Geologist
    • Chevalier Harry D. Schultz – International Harry Schultz Letter
    • Elizabeth Currier, President – Committee for Monetary Research and Education
    • Dr. D. Mark Bristow, PhD Chief Executive Officer – Randgold Resources
    • Robert K. Landis, Esq. – Golden Sextant Advisors, LLC
    • Larry Parks, Executive Director of the Foundation for the Advancement of Monetary Education
    • Prof. Dr. sc. techn. T. Abt Federal Institute of Technology, Zurich, Switzerland
    • Mark Wellesley-Wood, Chairman Durban Roodepoort Deep, Limited
  • Intro Spanish translation
  • Video Larry Parks re Ferdinand Lips
  • Ferdinand Lips
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Currency Destruction Chart 5-2-2002

February 6, 2018 by LarryParks

Currency Destruction Chart 5 31 02

The link to chart shows that world’s experience with fake, aka “fiat,” money for the period 1950 to 1990 has been a disaster for ordinary people.

You can be certain the money is all fake because real money does not have counterparty risk.

Argentina, on this writing 5/31/02, is experiencing yet another currency collapse.

Argentinians don’t know that the source of their problem is that their money is no good, i.e., it fake.

Why do countries misplace their faith in fake money?

The result is fake pensions, fake annuities, fake insurance, fake savings, fake everything that is denominated in fake money.

This chart is unlikely to appear in a major media outlet, or on the pages of a current economics textbook.

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