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To: A.Hun
Gold backed currency, especially for the US, is a fantasy. That is the reason only RP is talking about it.

The current situation of a currency backed by the government's promises to tax the crap out of our grandchildren on behalf of private banks is even more of a fantasy - in which devaluing the dollar by ONLY 85% will be a fond memory by the time you and I die - yet we're still clinging to it. Who's more delusional, Ron Paul or Ben Bernanke?

22 posted on 01/04/2012 7:40:30 AM PST by mvpel (Michael Pelletier)
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To: mvpel
The current situation of a currency backed by the government's promises to tax the crap out of our grandchildren on behalf of private banks is even more of a fantasy.

If you are talking about the TARP and the Fed's actions in the collapse of 2008, it hardly cost anyone anything. TARP cost us a total of 19 Billion...about $60 for each American.

The Fed's actions made money.

Who's more delusional? Ron Paul by a country mile.

23 posted on 01/04/2012 3:24:19 PM PST by A.Hun (Common sense is no longer common.)
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