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originally posted by: AugustusMasonicus
originally posted by: seeker1963
History pretty much shows that anyone who dares to try and back their currency with something of value such as Gold, things usually don't end well for that person.
Examples?
originally posted by: Gothmog
JFK
Question answered.
originally posted by: AugustusMasonicus
a reply to: wtfatta
Jackson died of heart failure at 78, how did someone 'get rid of him'?
originally posted by: Zcustosmorum
ISIS didn't exist when the West assassinated Gaddafi
originally posted by: ScepticScot
Pah if you believe someone died in their 70s of heart failure with 1800s medical science you will believe anything.
Clearly they got him...
originally posted by: AugustusMasonicus
a reply to: ElGoobero
There isn't enough gold to have a gold-backed anything.
originally posted by: AugustusMasonicus
originally posted by: ScepticScot
Pah if you believe someone died in their 70s of heart failure with 1800s medical science you will believe anything.
Clearly they got him...
He would have lived to the 1900's if the Illuminaughty didn't get him first.
originally posted by: Gothmog
I have one dollar bill that proves it
originally posted by: VictorVonDoom
How much gold would it take to have a gold backed currency?
originally posted by: AugustusMasonicus
originally posted by: VictorVonDoom
How much gold would it take to have a gold backed currency?
Trillions of dollars in gold all held by the issuing nation.
originally posted by: VictorVonDoom
originally posted by: AugustusMasonicus
originally posted by: VictorVonDoom
How much gold would it take to have a gold backed currency?
Trillions of dollars in gold all held by the issuing nation.
What's to stop a country from saying that its base unit of currency can be exchanged for a fixed amount of gold based on their reserves?