Return with us now to the thrilling days of Alley Oop....
Once we finally abandon these funny-money notions probably because of their catastrophic failure it will be very easy to create, once again, a superlative world gold standard system.
I don't believe it will be very easy.
Living on printed borrowed money leads to a temporary higher standard of living that is just about to impossible to voluntarily give up. I see pain in austerity. -tom
posted on 01/04/2013 7:27:16 AM PST
by Capt. Tom
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