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To: Iwo Jima
If the amount of known gold reserves in the world were insufficient to allow it to serve as a medium of exchange and store of value, it would never have become the currency of choice by most civilizations throughout history.

I suspect the money supply today is a little bigger than when Ug and Glug found a pretty yellow nugget in a nearby stream.

130 posted on 08/23/2007 3:14:17 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

Another absurdly ridiculous, irrelvant statement.


132 posted on 08/23/2007 3:19:17 PM PDT by Iwo Jima ("Close the border. Then we'll talk.")
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