Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: surfer
We need a tangible solid base for our currency.

Yes, of course. We and everybody else on earth needs that. And everyone that lived before us since Lydians started to use coins.

That is not what we were discussing, however. The question is whether gold standard is free from the ills of fiat money. It is not, as history amply demonstrates. Most proponents of gold standard are Utopians who simply disregard history and logic in order to conclude that gold standard is superior.

58 posted on 03/15/2011 5:17:29 PM PDT by TopQuark
[ Post Reply | Private Reply | To 46 | View Replies ]


To: TopQuark

ping...

http://www.newsobserver.com/2011/03/17/1059132/legislator-says-the-state-needs.html


92 posted on 03/21/2011 10:37:17 AM PDT by surfer (To err is human, to really foul things up takes a Democrat, don't expect the GOP to have the answer!)
[ Post Reply | Private Reply | To 58 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson