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Euro's Loss = Gold's Gain?
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<p>[QUOTE="fatima, post: 1443336, member: 22143"]This wasn't the case in the South at the end of the Civil War with those who held Confederate dollars. They were completely SOL. In fact by the time Atlanta was burning, you couldn't trade 100 Confederate dollars for one gold one. Those who held gold dollars at the end of the war were unaffected.</p><p><br /></p><p>(The North didn't get away with it either. Northern fiat currency became subject to heavy inflation and people would not take it for payment. Again, those with gold dollars had no issue.)[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1443336, member: 22143"]This wasn't the case in the South at the end of the Civil War with those who held Confederate dollars. They were completely SOL. In fact by the time Atlanta was burning, you couldn't trade 100 Confederate dollars for one gold one. Those who held gold dollars at the end of the war were unaffected. (The North didn't get away with it either. Northern fiat currency became subject to heavy inflation and people would not take it for payment. Again, those with gold dollars had no issue.)[/QUOTE]
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