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

To: The Vet who wrote (19063)	9/19/2003 9:02:34 PM
From: sea_urchin	Respond to of 81205

Mr Vet > If the units you are using to measure are not fixed then the numbers are meaningless. That's the swindle, but what alternative is there? You suggest measuring in gold but the value of all the gold and gold shares doesn't even equal the capitalization of Coca Cola! That would mean the gold price would have to reach tens of thousands or even millions of "whatever" per ounce to be equivalent to all the paper dollars. Anyway, it would take a revolution, even greater than the Communist revolution, before the Paper Aristocracy will give up their control of the printing presses --- and the US government. > Of course the US economy (measured in US dollars) will expand, simply because the dollar will drop faster than the rate of expansion. The real economy can go backwards but while you measure everything in dollars it looks fine. You've said it. Therefore, the only thing ordinary mortals like ourselves can do is to try and hedge ourselves as best we can. If you think gold is the way, then I wish you luck, you could be right.