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Akec

05/11/11 8:38 AM

#150229 RE: NeomRocket #150228

The US currently holds 8,133 tons of gold.
Hardly enough to back the amount of currency
in circulation. What a joke!
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hogface

05/11/11 9:29 AM

#150241 RE: NeomRocket #150228

My 1st economics teacher broke that news: fiat money - it's worth a dollar because we say it's worth a dollar.
I've been suspicious of economists ever since.