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To: 2CAVTrooper
Did you know that in order to bring us to the gold standard, that we’ll need about 12,000 tons more gold than what has been mined to date in known history of mankind...

This is the best you have? I think you're nicely illustrating how inflated our currency is. The main point is that the Federal Reserve just prints the stuff whenever congress wants to borrow money for a pet cause that suits the consortium banks. Then we have to pay them interest. Unravel that game starting with the cartel itself and let the market sort out the value of gold.

Simply letting Americans enjoy their Constitutional right to trade gold without excise taxes would sink the Federal Reserve in a decade, even if you left it alone.

166 posted on 10/15/2007 10:09:21 PM PDT by Old 300
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To: Old 300

“This is the best you have? I think you’re nicely illustrating how inflated our currency is.”

Where did I say anything about our currancy?

I pointed out that your heerow’s moronic plan CAN NOT happen unless he can pull gold bars out of his ass.

Another fault of the gold standard is that the value of gold is dependant on what the market sets it at. So we go to the gold standard, what’s to stop countries from flooding the market and causing the value of gold to plummet?


173 posted on 10/15/2007 10:42:50 PM PDT by 2CAVTrooper (It is time to bring back the sedition act and the committee on un-American activities)
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