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<p>[QUOTE=&quot;Cloudsweeper99, post: 1326169, member: 3011&quot;]I doubt that 1 in 100 people ever think about gold backing FRNs.&nbsp; In fact, there is probably a significant number of people who don&#039;t even know they are FRNs and couldn&#039;t tell you what is printed across the top of a bill.&nbsp; To them, it is just money.&nbsp; A lot of gold money theory is hypothetical.&nbsp; You are overestimating how educated people are these days about money.&nbsp; I was in a bank a few years ago and inquired about getting some half dollars to search.&nbsp; The teller said, &quot;You mean dollars?&quot;&nbsp;&nbsp; I said, no, half dollars.&nbsp; She gave me a look like I just came from Mars and told the manager &quot;This man asked if we have any HALF dollars.&quot;&nbsp; Clearly expecting him to tell me there was no such thing.&nbsp; We had a little laugh about it and I said to him that it was a good thing I didn&#039;t ask if you had any old $500 bills.&nbsp; He then said, &quot;There was never any such thing, but there used to be $1000 bills.&quot;&nbsp; These people are bankers!&nbsp; Go figure.[/QUOTE]</p><p><br /></p>

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