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To: quesney

In a way most people have never left the gold standard as only gold has been able to maintain its status as the store of value of choice.
The only further debasement of the currency possible is to reduce the physical size of a dollar bill to the size of a postage stamp.


11 posted on 07/15/2011 6:33:42 AM PDT by count-your-change (You don't have be brilliant, not being stupid is enough.)
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To: count-your-change

“never left” pretty much applies to me——but I modify that slightly. For me it’s gold, silver and guns-—I can get a bag of groceries with a little of each if paper money goes south.


88 posted on 07/15/2011 1:18:18 PM PDT by cherokee1 (skip the names---just kick the buttz)
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To: count-your-change

——The only further debasement of the currency possible is to reduce the physical size of a dollar bill to the size of a postage stamp.———

The size of the bill is irrelevant. all money today is actually entries on electronic ledgers. The bills are but physical representation s of those ledger entries.

The single zap to make an entry can represent a single $ or a trillion $$’s but itself is infinitely small


91 posted on 07/15/2011 4:30:27 PM PDT by bert (K.E. N.P. +12 ....Flash mobs are trickle down leftwing REDISTRIBUTION))
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