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Politics : WAR on Terror. Will it engulf the Entire Middle East?
SPY 695.17+0.2%Jan 12 4:00 PM EST

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To: Scoobah who wrote (13149)3/3/2006 12:03:33 PM
From: Hawkmoon  Read Replies (2) of 32591
 
do you suggest that our currency is NOT based on OIL?

Not in the manner that Ron Paul suggest should be the case with gold.

If it was, the dollar would be trashed since we have insufficient oil to back our currency..

Which was my point.. It's plainly ridiculous to determine the amount of currecy we have in circulation based upon the physical limited supply of a commodity, no matter how pretty or shiny.

Hawk
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