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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Terry Maloney who wrote (376167)10/10/2008 12:32:11 PM
From: Horgad  Read Replies (2) of 436258
 
It sounds like they are deciding whether or not to hit the reset button for the whole world. Everybody gets a new fresh currency with a value you based on gold reserves? At least at
the start and then, of course, the whole FIAT game begins anew.

"...leaders are talking about a new Bretton Woods."

"The aim of the (Bretton Woods Agreements) was to establish a monetary management system, initially by pegging currencies to gold."

I better go read up on Bretton Woods...
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