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To: Petronski
Goldbuggery garbage.

I would appreciate it if you could explain to me in a calm, rational, and substantive way, not just with flaming soundbites, why the gold standard is "goldbuggery garbage."

Throughout recorded history, every civilization in which gold and silver was known and which had anything closely resembling a free market has chosen gold and silver as their preferred commodities for a medium of exchange and store of value. Given this overwhelming historical record, on what basis do you claim to have such superior knowledge as to be able to label support of a gold standard as "goldbuggery garbage"?
138 posted on 08/23/2007 3:59:53 PM PDT by Iwo Jima ("Close the border. Then we'll talk.")
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To: Iwo Jima

It’s an irrational fetish.


140 posted on 08/23/2007 4:02:16 PM PDT by Petronski (Why would Romney lie about Ronald Reagan's record?)
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