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Politics : Canadian Political Free-for-All
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To: SofaSpud who wrote (2267)3/27/2003 4:51:00 PM
From: E. Charters  Read Replies (1) of 37204
 
Reserves are there to back the currency, not to pay debt. Currency is not used to pay debt. All selling gold proves is that they are out of money that they are supposed to be making that fictional interest on. All the need for cash demonstrates is that they have a lot of bad debt that was not paid to them, and a lot of debt that they have to pay that there is no tax/industry to pay. This is because they spend way too much of your money. The gold sales were not reinvested in Canada. They did not earn interest.

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