To: Toddsterpatriot
How is paying goldmoney.com to hold my money going to make my gasoline/corn/healthcare more affordable?
Things go in cycles - right now the "fiat money", "debt as money", "crap as money" (CDOs, etc) system is imploding. It did have a good run for a while there.
The last 5 years and probably the next 10 years it will be better to pay someone 1% to hold your gold backed currency, than to have a bank pay you X% interest while inflation is X+10%
To: dollarbull
The last 5 years and probably the next 10 years it will be better to pay someone 1% to hold your gold backed currencyYou can do that today. Still don't see how that reduces inflation. And how long will you hold your breath for a gold backed currency?
386 posted on
06/26/2008 7:11:41 PM PDT by
Toddsterpatriot
(Why are doom and gloomers, union members and liberals so bad at math?)
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