David Shemano wrote:
Why does any government inflate the money supply? Debasing the currency is a favorite hobby for governments going back to the Romans and beyond. Why would the good old USA be any different? Once Nixon severed the link to gold in 1971, the money supply was at the complete mercy of the limited wisdom of fallible human beings, and we got the monetary chaos we have experienced for the past 30 years.
Oh yes, it's much more sensible to give ourselves over the growth in the gold supply. Why? Dunno, must have something to do with god or something.
Doug
- RE: Re: RE: Re: RE: Re: Re: gas, (continued)
- RE: Re: RE: Re: RE: Re: Re: gas, Mark Jones Wed 27 Jun 2001, 21:25 GMT
- RE: Re: RE: Re: Re: gas, David Shemano Wed 27 Jun 2001, 20:43 GMT
- RE: RE: Re: RE: Re: Re: gas, Mark Jones Wed 27 Jun 2001, 21:33 GMT
- RE: RE: RE: Re: RE: Re: Re: gas, David Shemano Wed 27 Jun 2001, 23:19 GMT
- Re: RE: RE: RE: Re: RE: Re: Re: gas, Doug Henwood Wed 27 Jun 2001, 23:31 GMT
- RE: Re: RE: RE: RE: Re: RE: Re: Re: gas, Mark Jones Wed 27 Jun 2001, 23:42 GMT
- Re: RE: Re: RE: RE: RE: Re: RE: Re: Re: gas, Stephen E Philion Thu 28 Jun 2001, 07:49 GMT
- gold & god, Jim Devine Thu 28 Jun 2001, 00:00 GMT
- RE: gold & god, Mark Jones Thu 28 Jun 2001, 00:05 GMT