SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (6479)6/16/1999 11:06:00 PM
From: d:oug  Respond to of 81982
 
Ron, its so simple why a paper money should have a gold backing.

You Ron are a very good example for one to make the case for a gold standard.

As I said in my prior post, if you obtained control in the degree of absolute
and total, then this gold standard for paper money would limit your ability
to hide behind a failed economic policy. We all saw how Russia started printing
more and more paper money to "help" the country, and to use USA apples
to oranges, one hundred dollars eventually was needed to buy a 5 cents candy.

Remember, their money ruble(?) note of size 1 became worthless unless you
had enough to fill a large basket full of it.

So again Ron, your type calls for a gold standard to PROTECT the others from
you being in control like a high government official or advisor.

<< YET to see one gold enthusiast offer up a logical case for gold, Anyone out here who can make a convincing argument that gold is not, in fact, subsidized by the CBs and global taxpayers is welcome to have at it, and to let the anonymous readers of this thread decide who's arguments have more merit.>>

Already answered in Ayn Rands work and related followers, which you have
already stated as being garbage since it doesn't agree with you.

So simple you expose yourself Ron, for all to see.

Doug