To: Dead Corpse
I would prefer a commodity based currency, but do not confuse me with a "gold bug" or a Ron Paul supporter.A commodity-based currency is subject to manipulation far easier than our currency is today.
Besides, we do not like China manipulating its currency values....why should we do it?
147 posted on
11/15/2007 8:38:04 AM PST by
Erik Latranyi
(The Democratic Party will not exist in a few years....we are watching history unfold before us.)
To: Erik Latranyi
A commodity-based currency is subject to manipulation far easier than our currency is today. It is? How do you create more gold/silver/production capacity out of thin air? Or by just printing more money whenever you need it?
If you think China can't manipulate our currency, just wait until it starts off loading that Trillion dollars worth of our debt they are invested in...
163 posted on
11/15/2007 8:42:27 AM PST by
Dead Corpse
(What would a free man do?)
To: Erik Latranyi
A commodity-based currency is subject to manipulation far easier than our currency is today. As well as outside various banking and money laundering legislation.
184 posted on
11/15/2007 8:51:56 AM PST by
SJackson
(every one shall sit in safety under his own vine and figtree, none to make him afraid,)
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