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Dollars, Pennies, Gold, and Why we need a constitutionalist!
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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.
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Most of my money is backed by gold. www.egold.com70% of the Earth is covered by water. The rest is covered by Al Harris.
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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.
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i suspect his new business is making license plates.Originally posted by 3irty1I 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.
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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.Originally posted by 3irty1Most of my money is backed by gold. www.egold.com
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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.Originally posted by Harlan Hucklebyi suspect his new business is making license plates.Originally posted by 3irty1I 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.
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