Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: 1rudeboy; Mase; expat_panama; Rusty0604; Jim 0216; xjcsa; VegasCowboy; 10Ring

Bad idea ping!


2 posted on 01/04/2011 9:50:31 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Toddsterpatriot
I agree this is a bad idea. If for no other reason than the dollar is well on it's way to being as worthless as tits on a boar hog.
Gold is selling at near $1400.00 per ounce.
So a dollar is worth 1/1400th of an oz of gold.
That is a damn small piece of gold. Probably would need an atomic microscope to see it.
6 posted on 01/04/2011 10:04:35 AM PST by Tupelo
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Toddsterpatriot
...none is more significant than what my debate partners believe Paul would do if he could end the Fed. According to them, Paul isn't ready to go directly back to the gold standard. Instead, he wants to keep the dollar and add three more currencies. Those would be based on gold, silver and copper.

Unsurprisingly, Paul's supporters appear to be just as crazy as he is.

7 posted on 01/04/2011 10:06:40 AM PST by Mase (Save me from the people who would save me from myself!)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Toddsterpatriot

Haven’t had time to read the article (first week of law school Winter/Spring semester) but I agree with Forbes and Friedman on the idea of a gold (or silver) standard.


41 posted on 01/04/2011 12:02:19 PM PST by Jim W N
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson