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To: Tax Government
Oh gee...........a damned goldbug,who has absolutely no comprehension of economics.

Look,I know,I know,next comes all that codswallop about "fiat" money,but the fact of the matter is,anything and just about everything has been used for and as a backing of money.Heck,at one time and it wasn't all that long ago,China and some countries in Europe used salt, SALT,not gold, because salt,common,everyday salt,was worth far more than gold.

Gold is NOT the be all and end all.Our money was in more flux,when we were on a gold standard than it is today.And actual gold coins,have ALWAYS been easier to play around with/devalue than paper money is to replicate.

237 posted on 07/12/2004 12:50:07 AM PDT by nopardons
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To: nopardons

If you LIKE your money to be subject to institutionalized, government-sponsored counterfeiting, then you should be very happy right now.

It is a REQUIREMENT of the Constitution that we have a gold-backed currency. That didn't stop being a requirment, just because somebody said "I don't like it." It was circumvented so that certain large organizations and individuals could profit immensely.

I trust this doesn't REALLY matter to you.


247 posted on 07/12/2004 12:56:41 AM PDT by Tax Government
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