To: hubbubhubbub
IMO.., One of the best things that ever happened for the US, was to disconnect its currency pegged to Gold.
Why? There ain't enough gold in the whole world to cover the US.
Wolf
132 posted on
12/30/2005 12:24:16 AM PST by
RunningWolf
(Vet US Army Air Cav 1975)
To: RunningWolf
Why? There ain't enough gold in the whole world to cover the US. Yep. Having gold based money drove the Europeans into excessive imperialism to try to steal everyone's gold. There just ain't enough gold to back the world's supply of money.
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