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To: 4CJ

Tie the issuance of FRN to real physical reserves of gold/silver.

Not enough gold and silver. Sorry.

55 posted on 06/19/2007 10:11:53 PM PDT by Toddsterpatriot (Why are protectionists (and goldbugs) so dumb?)

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To: Toddsterpatriot

Not enough gold and silver. Sorry.

That's exactly the point. The notes in circulation have lost most of their value. Every dollar the Fed creates causes those already in circulation to be devalued.

61 posted on 06/20/2007 7:52:00 AM PDT by 4CJ (Annoy a liberal, honour Christians and our gallant Confederate dead)

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