Message:

<p>[QUOTE=&quot;medoraman, post: 1180037, member: 26302&quot;]Sorry you lost me. Currently we can only borrow as much as someone will lend, and you are saying the same will be true of we have a gold backed currency. So how will having a gold backed currency change anything? Currency is not the issue at all, the debt is, and even under a &quot;gold standard&quot; the treasury will be free to create new debt, which is treated internationally as USD. So how has this changed anything? Would this put a premium on currency and make our debt trade at a discount, since the currency would be redeemable and the debt not?</p><p><br /></p><p>I am sure I am missing something.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in