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Thread: Dollars, Pennies, Gold, and Why we need a constitutionalist!

  1. #1
    ? HOFer
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    Dollars, Pennies, Gold, and Why we need a constitutionalist!

    http://www.youtube.com/watch?v=z6NfXk7Bvc8

    Very good 5 minute video on the YD.

  2. #2
    Why don't more economists advocate putting us back on the gold standard?

    are they dumb? part of conspiracy?

    I don't know how monetary policy works well enough to comment, but I do know that many cult-like, whacky political groups have advocated the gold standard. I think Lyndon Laroush was big on this. I assume it is snake oil or more economists would be behind it.

  3. #3
    Wolf Pack Rat HOFer Deputy Nutz's Avatar
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    What ever happened to the tariff? That seemed to work well.

  4. #4
    Hands-to-the-face Rat HOFer 3irty1's Avatar
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    Most of my money is backed by gold. www.egold.com
    70% of the Earth is covered by water. The rest is covered by Al Harris.

  5. #5
    Hands-to-the-face Rat HOFer 3irty1's Avatar
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    I think I read a digg a couple days ago about a dude who found a great way of seperating zinc and copper pennies and he was melting down the old ones for a profit and selling the zinc ones back into circulation.
    70% of the Earth is covered by water. The rest is covered by Al Harris.

  6. #6
    Quote Originally Posted by 3irty1
    I think I read a digg a couple days ago about a dude who found a great way of seperating zinc and copper pennies and he was melting down the old ones for a profit and selling the zinc ones back into circulation.
    i suspect his new business is making license plates.

  7. #7
    ? HOFer
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    Quote Originally Posted by 3irty1
    Most of my money is backed by gold. www.egold.com
    I think i'd have twice as much money as I do if I had owned gold instead of dollars over the past few years.

  8. #8
    Hands-to-the-face Rat HOFer 3irty1's Avatar
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    Quote Originally Posted by Harlan Huckleby
    Quote Originally Posted by 3irty1
    I think I read a digg a couple days ago about a dude who found a great way of seperating zinc and copper pennies and he was melting down the old ones for a profit and selling the zinc ones back into circulation.
    i suspect his new business is making license plates.
    They told him to stop doing pennies but I guess he's still doing nickles as a nickle has like 12 cents in metal in it. I thought it was illegal to destroy money but I guess theres a loophole or something.
    70% of the Earth is covered by water. The rest is covered by Al Harris.

  9. #9
    Quote Originally Posted by 3irty1
    They told him to stop doing pennies
    Did they say the magic word, "please"?

    Quote Originally Posted by 3irty1
    I thought it was illegal to destroy money but I guess theres a loophole or something.
    I suspect the loophole is that the story is a hoax.

  10. #10
    Senior Rat HOFer the_idle_threat's Avatar
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    Quote Originally Posted by Harlan Huckleby

    Quote Originally Posted by 3irty1
    I thought it was illegal to destroy money but I guess theres a loophole or something.
    I suspect the loophole is that the story is a hoax.
    I suspect this is correct.

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