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To: JohnKinAK
Sounds like nonsense.

Countries settling accounts in gold would still work through the banking system. In other words, they would exchange titles to gold; not load trucks up with the stuff and run it over.

28 posted on 01/23/2012 3:25:51 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: BfloGuy
not load trucks up with the stuff and run it over

On further thought, I suppose that if they were desperate enough they could. But could you imagine the news coverage of that convoy?

29 posted on 01/23/2012 3:34:29 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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