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  #91 (permalink)  
Old 01-10-2008, 08:25 PM
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Originally Posted by Tokenconservative View Post
So we could back our currency with say, oil? That's a commodity. Corn? Beenie Babies?

Pogs? Remember those?

Anyway, while this is certainly stultifyingly dull discourse, I wonder whether anyone has found me a sat pic and a location for one a them thar tent cities?

Tokie
Well, if you want to discuss Gold and Silver backed money, start a new thread. I got bored with this. So if you want to call out the tent city people, feel free.
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  #92 (permalink)  
Old 01-11-2008, 05:21 AM
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Well, if you want to discuss Gold and Silver backed money, start a new thread. I got bored with this. So if you want to call out the tent city people, feel free.
I don't, really.

It's as unrealistic as most of your views, and while I like a good piece of fiction, it has to be something at least vaguely believable (suspension of disbelief).

Your hopes are what they are, of course, but the likelyhood of what you hope for is somewhere down around zil. Now, if what Peach hopes for, the utter collapse of not only our economy, but indeed, civilization (she'd of course be killed or die fairly quickly during such upheaval...) were to happen, sure...we might see some of the things you have tucked away in that pipedream of yours come to pass.

But otherwise, they are so far out there, we might as well be discussing what a colony on Mars would be like.

That, at least, has some distant, dim hope of reality.

Tokie
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  #93 (permalink)  
Old 01-11-2008, 01:39 PM
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Originally Posted by Tokenconservative View Post
I don't, really.

It's as unrealistic as most of your views, and while I like a good piece of fiction, it has to be something at least vaguely believable (suspension of disbelief).

Your hopes are what they are, of course, but the likelyhood of what you hope for is somewhere down around zil. Now, if what Peach hopes for, the utter collapse of not only our economy, but indeed, civilization (she'd of course be killed or die fairly quickly during such upheaval...) were to happen, sure...we might see some of the things you have tucked away in that pipedream of yours come to pass.

But otherwise, they are so far out there, we might as well be discussing what a colony on Mars would be like.

That, at least, has some distant, dim hope of reality.

Tokie

Till you realize our Monetary system can not sustain itself without limits and restrictions put on how much of it can be printed, and that it needs a solid commodity to back it's value.

There is a reason that every Central Bank in the world houses reserves of Gold and Silver to guard there own currencies and economies from hyperinflation.

It is because monies are most protected and secure when backed by them.
__________________
"It is the Right of the People to alter or abolish the Government"
Declaration of Independence
"Never trouble another for what you can do for yourself."
Thomas Jefferson
"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."
Milton Friedman
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  #94 (permalink)  
Old 01-11-2008, 03:49 PM
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Till you realize our Monetary system can not sustain itself without limits and restrictions put on how much of it can be printed, and that it needs a solid commodity to back it's value.

There is a reason that every Central Bank in the world houses reserves of Gold and Silver to guard there own currencies and economies from hyperinflation.

It is because monies are most protected and secure when backed by them.
Okay.

Tokie
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