Free Republic
Browse · Search
News/Activism
Topics · Post Article

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)
[ Post Reply | Private Reply | To 1 | View Replies ]


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.

143 posted on 01/05/2006 7:07:37 AM PST by Always Right
[ Post Reply | Private Reply | To 132 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson