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To: RegulatorCountry; arthurus
So here's the recap of what we got --y'all want to peg the dollar to what some people thought we had years ago with a gov't fixed gold/silver mix.  We all know that the open market keeps changing the gold/silver ratio because gold and silver prices change big time.   The U.S. dumped the gold/silver peg years ago and y'all seem to be mad at me. 

Look, I had nothing to do with it, I'm just telling you what happened so there's no point in blaming the messenger because y'all are just going to get the same reality elsewhere.

Cheers!

19 posted on 08/21/2013 5:05:03 AM PDT by expat_panama
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To: expat_panama

I have no idea what you’re on about. You seem to believe that the dollar has a fixed value relative to commodities or other currencies, with the dollar constant and “other” floating. That just isn’t so, I merely pointed that out to you. Very surprising lack of understanding there, coming from an expat such as yourself.


20 posted on 08/21/2013 6:54:17 AM PDT by RegulatorCountry
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To: expat_panama

You weren’t just “telling,” you were advocating.I think all of us know the government dumped the peg just as we all know that the dollar has been going to hell ever since. Fiat money proponents are perverse, even when they are Milton Friedman.


21 posted on 08/21/2013 4:26:41 PM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINE http://steshaw.org/econohttp://www.fee.org/library/det)
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