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To: expat_panama

Gold and silver should be the legal money with no government regulation of the ratio or value.


8 posted on 08/19/2013 5:45:47 PM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINE http://steshaw.org/econohttp://www.fee.org/library/det)
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To: arthurus
Gold and silver should be the legal money with no government regulation of the ratio or value.

A few times on the open market traders have been willing to swap an oz of gold for just 20 oz silver, and at other times they've demanded over 90 oz. of silver.  So the dollar can't be equal to 'gold and silver', it has to be 'gold or silver'. 

10 posted on 08/19/2013 5:56:30 PM PDT by expat_panama
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