Counterfeiter Stivers at it again

Republican Representative Steve Stivers is at it again.

Now he wants to make all of our coins out of STEEL!  Unbelievable.

Money is supposed to be worth something.

If it costs more money to make money, there is a problem.  It's called government spending and creating inflation.

Money should be made of something valuable.....unlike the "full faith and credit of the United States"....which, of course is a joke.

I'll take gold, silver, copper and nickel any day over just words.

Story here

previous posts here, and here.

Coin Clipping

The penny is worthless because of inflationary spending by our government.

Story here

It's worthless because we inflate our money causing it to be worth - less.

The fact that it costs more "money" to make a penny than what it's currently worth is a symptom, not the cause.

Dishonest governments love coin clipping, it's been going on for 2,000-3,000 years, nothing new here.  Steal from the population via inflation, then raise taxes, then confiscate the real money (gold/silver), etc.... nothing new here.

Gold, Silver and the debasement of our currency

Charlie Wilson's debt

The author of this Forbes.com story gets it. Charlie Wilson with his obama supporting votes have increase the debt on our children exponentially.

"Since our overleveraged economy was the cause of the great recession, how can we avoid going into a double-dip recession if leverage is still being added?"

Charlie Wislon's inflation is on the way!

Charlies' national debt is now at $12,500,000,000.

Here's a story about the upcoming inflation. Yes, we can thank Congressman Charlie Wilson for this as he's supported every deficit spending bill President Barry has proposed.

Forbes.com story

Great idea!

Start using a gold and silver based currency. Who would have ever thought of that? The problem with this idea is the government can't just invent more gold and silver like they can paper (pretend) money. Inflating their way out of debt....all the while mounting piles of debt on our children.

Story here. Of course, this State Senator will be labeled a "kook".

The cost of money

There are many folks that want to eliminate the penny.

One of the reasons is that it's worthless due to inflation.

NPR story here. (And no I don't sit around reading NPR, this link was sent to me.)

Why don't we stop inflating our money to begin with? We need to wake up to the fact that our government is stealing from us with our inflated money.

Of course the government wants to make money out of cheap material (remember Space's idea to make pennies out of steel?). This way they can mint and print all they want.

If money were made out of silver or copper, the government couldn't print as much.....of course the outcome would be that they couldn't inflate themselves out of debt on your, er...dime.