I came across an interesting article this morning about Gadhafi’s gold-money plan and the threat that it posed to central banking around the world. This article reminded me of a similar article that hit a little closer to home that was about the confiscation of the Liberty Dollar featuring Ron Paul’s image (Ron Paul is not associated with the coins, the coins designer was simply inspired by Dr. Paul’s fight for sound money).
In both instances, their seems to be a prominent theme. Sound money will cause government officials to knock on your door to take you down. I understand that arguments can be made in both cases that other violations of law prompted the actions that were taken by the government. I just find the two articles interestingly interrelated from the stand point of sound money. I have included the links to both stories in this article, but will also be posting each of the articles individually.
The U.S. government and central banking elite seem to really be threatened by the idea of sound money. It makes sense when you think about it. Sound money places the power back with the people that transact with it. It would end the ability for the government to manipulate the currency and secretly transfer the wealth to the elite few. It is one thing to try to dismiss the whole Gadhafi incident with ‘well he was a bad person anyway’, but when it starts happening to U.S. citizens within the U.S., it becomes a bit scary.
Please read over both of the articles if you haven’t done so already. The links are below and I am posting both on this site as well:
Let us know what you think in the comments section.