Actually, he is correct...and most of that gold is in the Ocean as an unmineable salt. You couldn't even finance Israel with the available...
Except when it didn't.... Big surprise there. The only thing it ever kept in check was economic recovery from normal business cycles and...
Indeed - your WRONG. Your COMPLETELY wrong. Ruben
Yeah - when they didn't have any money because they entire REAL economy collapsed. Ruben
WRONG. WRONG WRONG. jeez... Do you look things up before you type them? Ruben
Really....mind boggling. I just shake my head when I read this. Ruben
That is about the healthiest and most normal thing you've said in this thread and I'll quote this when ever you bring this topic up again. Ruben
No it really doesn't. Using Gold for money is physically impossible at the moment. But when Western Civilization collapses and the economy...
Go back to school then and learn some economics. And as for our "Need" for gold backed currency, you still don't have even close to enough gold,...
Wrong - it has ALWAYS failed and failed MISERABLY. Because you say it doesn't make it so. And the single BIGGEST example of that failure was the...
http://www.federalreserve.gov/boarddocs/speeches/2004/200403022/default.htm However, in 1963, Milton Friedman and Anna J. Schwartz transformed...
Properly stored include dehumidifying Silca in a closed container. Ruben
What does that mean? Are you accusing Miton Friedman of being Keyesian? Why would you throw this into the discussion if not only to confuse the...
Start with Public Dept is BAD. Again, answer the question. When someone buys public bonds with Dollars, which withdrawls the dollars from the...
http://query.nytimes.com/gst/abstract.html?res=980CE2DB143EEF33A25750C0A9619C94629ED7CF NOT POVERTY, BUT DISTRUST; EX-SENATOR HENDERSON ON THE...
FINANCIAL AND COMMERCIAL; PURTHER DEPRESSION DUE TO CURRENCY CONDITIONS. The Redemption of Silver Notes Not Yet Refused -- This Week's Shipments...
http://query.nytimes.com/gst/abstract.html?res=9905EEDC1031E033A25753C2A9629C94629ED7CF...
http://query.nytimes.com/gst/abstract.html?res=9E04E6DD1031E033A25752C0A9659C94629ED7CF
You keep posting falsehoods and then refuse to back them up (which is IMPOSSIBLE ANYWAY since not a single reputable economic theory or model...
Population’s Willingness What’s more, a gold standard isn’t the panacea its advocates claim. A central bank’s ability to adhere to it is only as...
Separate names with a comma.
