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To: elmatador who wrote (37878)8/3/2008 1:01:49 PM
From: carranza2  Respond to of 217852
 
You can't be serious:

Why no one was telling Fiat money is bad before, say 1989?

Don't take it from me. The pic shows a lady burning her fiat currency for heat. Cheaper than oil or coal.

the11thdollar.com

Near the outbreak of World War I in 1913, Germany was on a gold standard - which gave their currency stability - and one US dollar could be exchanged for 4.2 German Reichmarks. Ten years later, after gold convertibility was suspended and their currency became fiat, that same dollar traded for 4.2 trillion Reichmarks. That's trillion, with a 'T.'