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	<title>Comments on: History of Money</title>
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		<title>By: As Good as Gold &#124; University of Common Sense</title>
		<link>http://universityofcommonsense.org/videos/history-of-money/comment-page-1/#comment-413</link>
		<dc:creator>As Good as Gold &#124; University of Common Sense</dc:creator>
		<pubDate>Sat, 01 May 2010 01:37:03 +0000</pubDate>
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		<description>[...] History of Money &#8211; Video: An interesting and more thorough examination of the history of US money and its departure from gold and silver. &#8220;Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.&#8221; — George Washington &#8220;Of all contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.&#8221; — Daniel Webster “Experience, however, shows that neither a state nor a bank ever have had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.” — David Ricardo “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.” — Alan Greenspan “The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — Vladimir Lenin Learn more about sound money policy: [...]</description>
		<content:encoded><![CDATA[<p>[...] History of Money &#8211; Video: An interesting and more thorough examination of the history of US money and its departure from gold and silver. &#8220;Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.&#8221; — George Washington &#8220;Of all contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.&#8221; — Daniel Webster “Experience, however, shows that neither a state nor a bank ever have had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.” — David Ricardo “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.” — Alan Greenspan “The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” — Vladimir Lenin Learn more about sound money policy: [...]</p>
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		<title>By: Study Guide &#124; University of Common Sense</title>
		<link>http://universityofcommonsense.org/videos/history-of-money/comment-page-1/#comment-211</link>
		<dc:creator>Study Guide &#124; University of Common Sense</dc:creator>
		<pubDate>Fri, 26 Mar 2010 18:52:24 +0000</pubDate>
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		<description>[...] VIDEO: The History of Money [...]</description>
		<content:encoded><![CDATA[<p>[...] VIDEO: The History of Money [...]</p>
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		<title>By: Money, Banking and the Federal Reserve &#124; University of Common Sense</title>
		<link>http://universityofcommonsense.org/videos/history-of-money/comment-page-1/#comment-27</link>
		<dc:creator>Money, Banking and the Federal Reserve &#124; University of Common Sense</dc:creator>
		<pubDate>Wed, 03 Feb 2010 18:14:03 +0000</pubDate>
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		<description>[...] If you would like to get started on this subject with a shorter video, we recommend the history of money video. [...]</description>
		<content:encoded><![CDATA[<p>[...] If you would like to get started on this subject with a shorter video, we recommend the history of money video. [...]</p>
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		<title>By: What Caused the Housing Bubble &#124; UniversityofCommonSense.org</title>
		<link>http://universityofcommonsense.org/videos/history-of-money/comment-page-1/#comment-2</link>
		<dc:creator>What Caused the Housing Bubble &#124; UniversityofCommonSense.org</dc:creator>
		<pubDate>Thu, 21 Jan 2010 05:12:42 +0000</pubDate>
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		<description>[...] History of Money [...]</description>
		<content:encoded><![CDATA[<p>[...] History of Money [...]</p>
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