"While I think we need a gold backed currency, . . . ." What? You don't believe that fiat currency, only backed up by the confidence people put into it, is the way to go? What can go wrong with a system which allows the endless printing of money? Paul Krugman definitely agrees:
But also the United States is a country that has its own currency. Cant run out of cash because we print the money - Paul Krugman In fact, fiat currency is so great, we should print enough money to wipe out poverty, not just in the US, but the world. Why hasn't anyone done that yet? J - Ninety percent of politicians give the other ten percent a bad reputation. - Henry Kissinger Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel. - John Quinton ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:360650 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
