Trace Meyer: Illusions evaporate even on tax day
April 16, 2009 by goldguru · Leave a Comment
Dear Friend of GATA and Gold (and Silver):
On 4 March 2009 the Armenian Dram went poof, on 6 February 2009 the Kazakhstan Tenge went poof, in October 2008 the Iceland Krona went poof, during 2008 the British Pound went poof and the Contentital Dollar went poof prompting the Founding Fathers to craft particular monetary powers and disabilities in the United States Constitution.
Nevertheless, the United States Dollar or Federal Reserve Note Dollar went poof multiple times last century including on 5 April 1933, 4 June, 1963, 24 June 1968 when silver certificate redemption was completely ceased, and 15 August 1971 during the Nixon shock. The current Federal Reserve Note United States Dollar, an illusion issued by an entity engaged in quantitative easing, will eventually go poof as the Treasury Bill bubble bursts.
FIJI DOLLAR ILLUSION EVAPORATES
On 15 April 2009 Bloombergreported, “The Reserve Bank of Fiji said today it has devalued the Fiji dollar by 20 percentwith immediate effect.”
Currency illusions, like the Fiji Dollar, can be summoned and evaporated by hairless monkeys pounding buttons on a keyboard resulting in someone’slifetime of savings or pensionpurchasing 20% less bananas. This theft amounts to immoral taxation without representation being a form of confiscation through inflation and is a taking of property without due process of law.
