View Single Post
  #6  
Old 11-08-2007, 02:37 PM
Orlando Salazar Orlando Salazar is offline
Senior Member
 
Join Date: Nov 2006
Location: DUCY
Posts: 1,353
Default Re: Greenspan says we need a goldstandard.

As long as the agency that creates the fiat currency has unlimited taxing power, the fiat $ = value of the nations wealth = value of its resources = gold+.
Reply With Quote