#10
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Re: If the Gold standard came back ...
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[ QUOTE ] Most of golds value derives from the same reason the dollar bills in your pocket do. [/ QUOTE ] However one has the ability to be created out of thin air, and one does not. Even if they only have value for the same reason, seems like one has a clear edge here. [/ QUOTE ] Yes. paper money has the clear edge because the cost of production to keep up with economic growth is far less expensive. |
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