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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Broken_Clock who wrote (409)6/22/2000 11:38:00 PM
From: Archie Meeties  Read Replies (2) of 436258
 
...but the swiss found out that globalization made a strong Swiss currency poor for exports, no?....therefore they go the other route by selling gold to weaken their currency.

Another illusion, just like the illusion of a falling euro.

The Swiss entered the paper gold market to hasten its demise . Before they created their own currency, they were willing to participate in support of the dollar and the selling of gold only because they believe that at some time in the future, paper, as we know it, will burn. We are closer to that time than most realize.

We are dealing with two fundamentally different ideas about money. On the one side, experience teaches that the dollar is the sole reserve currency of the world, and has a right to continue its expansion without bounds.

On the other - "All fiat returns to zero."
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