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To: screaminsunshine

Get Cash?

Are you talking about paper money?

Of course they don’t keep that much on hand in the bank, but paper money is easily printed and cheap. The issue is purchasing power and “trust”, however miss-placed.

Gold always has a value, but most people will not accept Gold for payment of a bill, there is no immediate mechanism to convert it to something they run through their accounting system.


20 posted on 05/29/2011 9:36:29 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: Texas Fossil

There is not enough cash. Most transactions are checks and cards. They are not really printing cash. Just cyber money.


24 posted on 05/29/2011 9:40:25 AM PDT by screaminsunshine (Socialism...Easier said than done.)
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