To: justshutupandtakeit
Most of those advocating metal money or metal backed money have little or no understanding of economics, finance or monetary theory. Wonder why? I spoke with a Congressman the other evening who has served on the House Banking committee, had a excellent understanding of economics and endorses the GS.
PS - I'm not endorsing a GS. I'm simply opposed to government control of the money supply.
The moral hazard is too great.
108 posted on
04/14/2003 2:02:35 PM PDT by
AdamSelene235
(Like all the jolly good fellows, I drink my whiskey clear....)
To: AdamSelene235
Yeah, just ask those who lost everything in the 1820s due to wild cat banking about "moral hazard."
When one cannot make proper distinctions their arguments fall flat.
118 posted on
04/14/2003 2:49:40 PM PDT by
justshutupandtakeit
(RATS will use any means to denigrate George Bush's Victory.)
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