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To: George W. Bush
well sure anyone can invest right now in gold if they fear inflation. There's e-gold. There are gold etf's.

But nobody is going to spend their valuable gold unless gold money is all there is. And that may ironically require govt enforcement. So that is the big problem I'd like to understand.
18 posted on 07/31/2007 7:25:35 AM PDT by ari-freedom (Never attribute to malice that which is adequately explained by stupidity.)
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To: ari-freedom
I just don't see why issuing $20 billion - $40 billion in gold/silver currency can be a bad thing. After we issued it, we could see if it was a good idea to proceed.

Personally, I'm not supporting RP for the currency issue or the Federal Reserve issue. He has a much broader agenda for liberty and small-government. And I think we're going to see Iraq and Afghanistan winding down by election time, one way or the other. Either the surge works or not. We will start to pull back regardless by next spring.
20 posted on 07/31/2007 7:43:45 AM PDT by George W. Bush (Rudy: tough on terror, scared of Iowa, wets himself over YouTube)
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