Liberal Forum

I don't necessarily think it needs to be gold, but what value does paper have, backed only by consensual agreement that it has any value at all or a value awarded it by the whims of market strategists playing with stock and commodity prices? A value that can be manipulated by those with the resource...

We have a century of trading gold for fiat - and we won every time. The fiat nation's citizens were eating grubs. Our folks were eating like the kings of old....

Are you threatening ME with protectionism? I'm FER it....

i don't want to trade gold for paper. I neither. I'm just rational about what commodity backed currency means in the current world....

Read the statement wrong I thought you were asking 'How would we do business with nations if we were using fiat currency?' Which of course is a ridiculous misreading on my part, as I know that you know we already are. So, can you explain how, if the dollar was once again backed by a physical comm...

I know, right? I mean, how did we do business with them before??? So do you or do you not oppose fiat currency, tharock?...

Even in the current global economy??? How would we do business with nations using fiat currency?...

Are those the only options - fiat controlled by a cartel which through that franchise is the de facto government, or gold? I choose gold - thanks for clarifying....

nothing new here...

As I have said before: Read ANY 3 of your posts and you will have read your entire post history. ANY 3. Let's review just for old times' sake. Look to see if you can find 3 posts that do not: 1) have you claiming superiority. (Of course never demonstrating that very thing) 2) contain HAHAHAHAHA. (Pr...