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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (8548)	10/28/2002 6:06:01 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

the IMF/WBank has rules about forming a currency that is backed by hard metal such as gold & silver Sinclair only confirmed my vague understanding on this point so if lowly Botswana wants a gold-backed currency, they are excluded from IMF lending and if the oil-rich nations together with neighbors choose to build a more effective and healthy banking system, they will be excluded from ours our bad money has pushed out the better money, it would seem in order to receive IMF credit extensions, the nation must fully participate in the unbacked dollar dominated scheme if you deviate toward strength, you are nixed uncooperative dollarized players are not welcome MESSAGE CLEAR: ONLY THOSE WILLING TO FINANCE THE MASSIVE US TRADE AND TREASURY DEBTS ARE WELCOME TO PARTICIPATE like bringing real money to the Monopoly Game Board NO NEED you can buyPark Place with that goofy colored money this brings a loud exclamation point to Gresham's Law BAD MONEY ALWAYS PUSHES OUT GOOD MONEY hilariously true maxim, that is official IMF policy if some fool accepted bullshit printed "money" for a house or mine or men's suit or gallon of milk or tank of gasoline, by all means give it to him AND KEEP THAT GOLD COIN IN THE BEDROOM WALL VAULT !!! doesnt anyone realize that printed money converges in value to ZERO ??? find an exception in all of history, I defy you / jim