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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (6540)	6/18/1999 1:14:00 AM
From: tshane	Read Replies (1) \| Respond to of 82007

Doug, <<While your at it...... what is fools gold?>> When I was a kid collecting rocks, fools gold was iron pyrite, and in its natural form much prettier than gold (in its natural form) <<Tomorrow let this thread maybe think out a way to replace gold with another object, and yes its implications for the then "new" way gold should be priced.>> It won't matter what new way you devise. Generic monetary market dynamics are determined by human nature, not what the money is pegged to. As long as people are naive enough or too lazy to keep track of what is going on, there will be others who spend all of their time devising ways to steal it from them. Peg the money to egg plants and macaroni if you want. Those of grandiose egos and sociopathic nature will convince the majority that Austrian egg-plant/macaroni economics (it will be called macaro-egonomics)are far to complicated for the layperson to understand and will proceed to have closed-door meetings and make officious pronouncements while they use your money as a personal loan and steal it from you. RAJ