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To: Circle_Hook
the dollar is no longer tied to gold

Well, seems there are _two_ "dollars": one is the common paper form (and electronic & credit variants) everyone is familiar with (and is devaluing over the long run), and then there is the "dollar" as in the face value on US Mint gold/silver/platinum coins (and whose value is tied to the metals, $20/oz gold and $100/oz platinum, and always has been). If the two conflated "dollars" could be separated & named, interesting days would follow.

31 posted on 11/25/2009 8:05:36 PM PST by ctdonath2 (Psalm 109)
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To: ctdonath2

If the two conflated “dollars” could be separated & named, interesting days would follow.

worth repeating


32 posted on 11/25/2009 8:09:45 PM PST by eyedigress
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