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To: billflax

There isn’t enough gold in the world to back the world’s economies. We would have to dig Mars and get lucky.


2 posted on 09/08/2011 6:27:41 PM PDT by DRey (Perry/Rubio 2012)
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To: DRey

A government doesn’t need to have an enormous amount of gold for this to work. Just enough to issue at the margins until the dollar has parity.


8 posted on 09/08/2011 6:35:18 PM PDT by Protoss
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To: DRey

“There isn’t enough gold in the world to back the world’s economies.”

Really? You couldn’t raise the price of gold?


12 posted on 09/08/2011 6:42:40 PM PDT by cowtowney
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To: DRey

Ain’t that the truth!


22 posted on 09/08/2011 7:09:01 PM PDT by Wu (Excuse me while I kiss the sky......)
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