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To: expat_panama

The same argument could be made against any currency, you know. You seem to view the dollar as somehow having fixed value. It does not. There was a time when stability was sought and encouraged, and lip service is still given to the notion of so doing. But, being an expat, I’m quite sure you’re aware of the several wild swings the dollar has experienced, just over the past six years. Colombian Pesos have taken a nosedive versus the dollar of late, that after spiking fairly wildly upward over the preceding several years. Those crazy Colombians I guess, see-sawing tgeir currency like that around the fixed dollar. Of all the nerve, lol.


18 posted on 08/20/2013 5:28:45 PM PDT by RegulatorCountry
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To: RegulatorCountry; arthurus
So here's the recap of what we got --y'all want to peg the dollar to what some people thought we had years ago with a gov't fixed gold/silver mix.  We all know that the open market keeps changing the gold/silver ratio because gold and silver prices change big time.   The U.S. dumped the gold/silver peg years ago and y'all seem to be mad at me. 

Look, I had nothing to do with it, I'm just telling you what happened so there's no point in blaming the messenger because y'all are just going to get the same reality elsewhere.

Cheers!

19 posted on 08/21/2013 5:05:03 AM PDT by expat_panama
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