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<p>[QUOTE=&quot;johnmilton, post: 7609731, member: 101855&quot;]The fancy word for making money by finding minute differences in exchange rates is “arbitrage.”</p><p><br /></p><p>So far as having the early U.S. made out of base metal, that would have been a disaster for everyone. The U.S. monetary system was already in the tank because of worthless Continental Currency for the high denominations and a gut of counterfeit copper coinage on the low end. Issuing more fiat money would have only insured that U.S. would have remained a third world country. We would have probably been overrun by England, France or Spain.[/QUOTE]</p><p><br /></p>

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