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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (15875)3/23/2007 8:23:17 PM
From: TobagoJack  Read Replies (2) | Respond to of 220063
 
just had a good conversation with my 30 months old coconut,

"erita, ready for lantau trip with mommy and auntie?"

"yes, i want to ride on boat"

"remember the water buffalos there?"

"no, i want to go to party (birthday party of little friend)"

"ok, wear pants today, so you can run around"

"no, i want my purple dress"

"ok"

i pick her up to go to brush teeth, and she sees a party invitation ...

"I want to go to that party"

"that is tomorrow's BBQ party, at scott's; today is clara's party on lantau"

"Ok"

brilliant

must save more gold, to prevent the party girl question later, 'daddy, why did you not save in gold'



To: Maurice Winn who wrote (15875)3/24/2007 2:45:16 AM
From: mcmudd  Respond to of 220063
 
In my childhood, we still had a gold standard, thinly attached thought it was. I was puzzled [as a youngster] by the expression on notes that the Reserve Bank "Promises to pay on demand the sum of ..." Huh? It seemed a circuitous argument to me then, but presumably adults knew something I didn't, but now I know I was right.

.....

But we can surely trust Big Ben, King George II, Nancy and co backed by the Greatest People Who Ever Strode the Earth in an SUV. On their currency, they write "In G-d We Trust". They actually write God, but that's rude apparently, so please ignore the o and I think they left off the l by mistake. It used to say, I suppose, "In Gold We Trust". Maybe they are saving ink.


Maurice,

Wasn't it LBJ, in 1964 who put a stop to using silver in US coinage, and backing currency; saying silver was "much too valuable" to be used to make money with?