To: JimWayne
This is why I think by 2020 the US dollar, the Euro, the Japanese yen and the Chinese yuan will be pegged against a mix of precious metals and metals used in coins: gold, silver, platinum, palladium, copper and nickel. The reason is simple: historically, asset-based currencies hold up WAY better than fiat currencies.
14 posted on
04/24/2011 6:54:23 PM PDT by
RayChuang88
(FairTax: America's economic cure)
To: RayChuang88
“historically, asset-based currencies hold up WAY better than fiat currencies.”
I agree with you. You’ll never get any Democrat or 99% of Republican politicians to believe that though.
20 posted on
04/24/2011 7:11:24 PM PDT by
Graneros
("Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.")
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