CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: lorrie coey who wrote (4647)	2/10/2000 12:09:00 PM
From: long-gone	Read Replies (1) of 17683

gold is at the same time a commodity & a currency. yet, it is a currency which must be pulled from the earth via labor and refined while any currency can be simply created with or without value. I must disagree, money is a thing, it is backed by a system, in our case, "the full faith & credit of the United States". One should wonder if the US $ will have the same value when there is less or no credit against the future of our nation backing it? If not that then, will we(and the world) a lesser or greater faith in our nation in the next 4 or 10 years?

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