S. Carolina legislator introduces bill to ban dollars and establish bimetallism

Started by jimmy olsen, February 19, 2010, 07:36:56 AM

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Zanza

Quote from: Faeelin on February 19, 2010, 09:28:31 AMOh, yes. The hope was to make Germany look too poor to pay reparations.
And to inflate away internal debt.

Razgovory

Quote from: KRonn on February 19, 2010, 08:46:41 AM
Maybe instead S. Carolina still could use some Confederate money, if they have any still left around somewhere?  ;)

Anyhow, is this so odd? It sounds odd, but if states do have the legal ability to mint money, and given the rising value of gold, silver and other metals, and worries about the dollar losing value, maybe it's not such a bad idea? With the rising investments into gold I guess I'm mot surprised someone is thinking about this kind of thing, though I can't say I'd endorse it.

Yes, it's pretty odd.  It does give a window into these idiots are buying gold.  They think the US is going to collapse.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

KRonn

Quote from: Razgovory on February 19, 2010, 09:37:21 AM
Quote from: KRonn on February 19, 2010, 08:46:41 AM
Maybe instead S. Carolina still could use some Confederate money, if they have any still left around somewhere?  ;)

Anyhow, is this so odd? It sounds odd, but if states do have the legal ability to mint money, and given the rising value of gold, silver and other metals, and worries about the dollar losing value, maybe it's not such a bad idea? With the rising investments into gold I guess I'm mot surprised someone is thinking about this kind of thing, though I can't say I'd endorse it.

Yes, it's pretty odd.  It does give a window into these idiots are buying gold.  They think the US is going to collapse.
It would seem to be a very unstable currency, given how gold/metals prices do increase or decrease quite a bit, and quickly, depending on economic issues. The dollar's value fluctuates but not nearly as much as gold values, seems to me. So unless I'm missing something, this idea seems to have as many problems as the solutions it's trying to create anyway.

Syt

Quote"The Germans felt their system wouldn't collapse, but it took a wheelbarrow of money to buy a loaf of bread in the 1930s," he said.

I think he meant the 1923 hyperinflation. The early 1930s, in the wake of the 1929 crisis were marked by deflation.
I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.

Martinus

Isn't South Carolina the state with the governor who took off to South America in search of his lover and the vice-governor who thought that one should not give kids at schools free meals because this would encourage them to breed like stray dogs?

Or am I thinking of some other nutty state?

katmai

Quote from: Martinus on February 19, 2010, 11:33:01 AM
Isn't South Carolina the state with the governor who took off to South America in search of his lover and the vice-governor who thought that one should not give kids at schools free meals because this would encourage them to breed like stray dogs?

Or am I thinking of some other nutty state?

:yes:
Fat, drunk and stupid is no way to go through life, son

Syt

I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.

Razgovory

Quote from: Martinus on February 19, 2010, 11:33:01 AM
Isn't South Carolina the state with the governor who took off to South America in search of his lover and the vice-governor who thought that one should not give kids at schools free meals because this would encourage them to breed like stray dogs?

Or am I thinking of some other nutty state?

I thought you would agree with these ideas.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

Neil

Quote from: Razgovory on February 19, 2010, 11:48:25 AM
Quote from: Martinus on February 19, 2010, 11:33:01 AM
Isn't South Carolina the state with the governor who took off to South America in search of his lover and the vice-governor who thought that one should not give kids at schools free meals because this would encourage them to breed like stray dogs?

Or am I thinking of some other nutty state?
I thought you would agree with these ideas.
Indeed.  Martinus the bigot would support both those ideas if they weren't coming from a heterosexual.
I do not hate you, nor do I love you, but you are made out of atoms which I can use for something else.

dps

Quote from: DontSayBanana on February 19, 2010, 08:56:19 AM
Oh, and if Congress says the states can't value their own money, they can't.  Supremacy clause: if it's not listed in the constitution, federal rules have top priority. :contract:

Pretty sure that the courts said otherwise, which is why Congress just put a prohibitively expensive tax on state currencies instead of just outright banning them.  Of course, the courts today might rule quite differently.

The Brain

Women want me. Men want to be with me.

garbon

"I've never been quite sure what the point of a eunuch is, if truth be told. It seems to me they're only men with the useful bits cut off."
I drank because I wanted to drown my sorrows, but now the damned things have learned to swim.

Eddie Teach

To sleep, perchance to dream. But in that sleep of death, what dreams may come?

Syt

I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.