To: Argus
No matter whom is in possession of the resource, moving to a standard where you are dependent on that resource means that you are in a position to be held economically hostage by those who hold the resource (see Oil situation).. It is one of those reasons why I have never jumped on the Gold Standard bandwagon.. It would be a good alternative IF we first make ourselves more independent in our supply of the resource.
22 posted on
03/30/2009 1:38:43 PM PDT by
mnehring
To: mnehring
The only thing worse than saying who when you mean whom is saying whom when you mean who. :)
24 posted on
03/30/2009 1:57:56 PM PDT by
douginthearmy
(Julio is Amerika.)
To: mnehring
No matter whom is in possession of the resource, moving to a standard where you are dependent on that resource means that you are in a position to be held economically hostage by those who hold the resource (see Oil situation).. It is one of those reasons why I have never jumped on the Gold Standard bandwagon.. It would be a good alternative IF we first make ourselves more independent in our supply of the resource.
I'm a fan of Ron Paul's and Peter Schiff's views but I don't they take that into consideration when pushing the gold standard. In other words, I totally agree with you.
25 posted on
03/30/2009 2:05:16 PM PDT by
randomhero97
("First you want to kill me, now you want to kiss me. Blow!" - Ash)
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