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Politics : GWBush was AWOL for 18 Months!!!

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To: Lazarus_Long who wrote (10)11/6/2000 12:08:35 AM
From: rowdytexan   of 13
 
Looking at money in such simple terms does nothing.

What is money? Money is an instrument of barter. You are absolutely right, however, in saying that the only real intrensic value of cash or debits on computer screens come down to the confidence in the United States Government. In fact, virtually the entire world relates its money supply in some way to the American Greenback.

This is one reason that the Texas Republican Party, you know that one that GWBush is the leader of, desires for return to the gold standard and the abolition of the Federal Reserve. It's a very simple arguement. Unfortunately, it's lack of sophistication, it's inability to recognize the real meaning of money, and the certain worldwide depression such a policy would entail make such a policy unworkable and fundamentally impossible. Basically, it would destroy the notion of investment altogether. Our lives have become so intertwined with the notion of progress, we will never give it up - and investment is crucial for that progress to take place. You might as well give up the cynical viewpoint and flow with it.
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