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To: KeyLargo

If we had stuck to the Constitution's requirement that only gold & silver could be money, counterfeiting would not be a big problem.


15 posted on 11/03/2006 11:16:16 AM PST by John Semmens
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To: John Semmens
If we had stuck to the Constitution's requirement that only gold & silver could be money, counterfeiting would not be a big problem.

That was only a limitation on the states, not the federal government.

22 posted on 11/03/2006 11:39:13 AM PST by Dog Gone
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To: John Semmens
All of the gold ever mined is valued at $3 Trillon as of April 2006.

There isn't enough gold and silver in the world to go back to the gold standard. That was true in the 1920's when we were taken off the gold standard.

23 posted on 11/03/2006 11:45:50 AM PST by Yo-Yo (USAF, TAC, 12th AF, 366 TFW, 366 MG, 366 CRS, Mtn Home AFB, 1978-81)
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