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To: Errant

If they issue scrip backed by gold/silver, I bet there will be a lots of takers.


10 posted on 01/12/2011 9:41:02 AM PST by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: dynachrome

I’m not so sure.

The reason being that’s just more of the same old same old.
The goal being to convince somebody (read SUCKERS) that this piece of paper really has value and is really, truly backed by something that you exclusively own. And it ALWAYS descends into fraud and fractional reserve status and breaks down.

How many times do people have to get smacked upside the head before they get a clue?


13 posted on 01/12/2011 9:53:18 AM PST by djf (Touch my junk and I'll break yur mug!!!)
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