Replies

To: Little Ray

Just use a big ‘basket’ of commodities from bread to iron to determine the value of the dollar?

How would the conversion work?

32 posted on 01/04/2011 11:28:05 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)

To: Toddsterpatriot

Dunno. How would the gold conversion work?

Gold, beyond a few industrial application, has value only in the mind. Its pretty and its rare but it has almost no utility.

That’s why I was thinking a commodity should be used instead.

54 posted on 01/04/2011 1:18:57 PM PST by Little Ray (The Gods of the Copybook Heading, with terror and slaughter return!)

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