To: Toddsterpatriot
Sufficient to back the money supply. Whatever the market decides. It's the market that should decide, not a group of statist academic economists wallowing in their fatal conceit.
97 posted on
11/14/2009 7:31:34 AM PST by
Swing_Thought
(The doorstep to the temple of wisdom is a knowledge of our own ignorance. - Benjamin Franklin)
To: Swing_Thought
Whatever the market decides. The market should decide how much gold there is to back the money supply? Is the government still printing the convertible notes you want? Or do you want private coins and notes? Or both?
98 posted on
11/14/2009 7:42:27 AM PST by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
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