Home › Forums › Financial Markets/Economics › Are we bankrupt as a country?
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December 28, 2010 at 8:54 AM #18327December 28, 2010 at 10:44 AM #645227AKParticipant
You alarmist fool, the U.S. dollar is backed by … um … I dunno, Treasury bonds or something?
December 28, 2010 at 10:44 AM #646342AKParticipantYou alarmist fool, the U.S. dollar is backed by … um … I dunno, Treasury bonds or something?
December 28, 2010 at 10:44 AM #645298AKParticipantYou alarmist fool, the U.S. dollar is backed by … um … I dunno, Treasury bonds or something?
December 28, 2010 at 10:44 AM #646017AKParticipantYou alarmist fool, the U.S. dollar is backed by … um … I dunno, Treasury bonds or something?
December 28, 2010 at 10:44 AM #645880AKParticipantYou alarmist fool, the U.S. dollar is backed by … um … I dunno, Treasury bonds or something?
December 28, 2010 at 11:55 AM #646357SK in CVParticipantPrecisely what is the relationship between the gold in fort knox and the amount spent on economic and quantitative stimulus? Why does that relationship exist? Why is it important? I would propose that it is entirely artificial, that gold has no significant intrinsic value and as a monetary unit is purely a social construct. (Unlike, for instance, oil or wheat.)
Please note, I am not disputing its historical, current or future value. Only questioning why that value exists.
December 28, 2010 at 11:55 AM #646032SK in CVParticipantPrecisely what is the relationship between the gold in fort knox and the amount spent on economic and quantitative stimulus? Why does that relationship exist? Why is it important? I would propose that it is entirely artificial, that gold has no significant intrinsic value and as a monetary unit is purely a social construct. (Unlike, for instance, oil or wheat.)
Please note, I am not disputing its historical, current or future value. Only questioning why that value exists.
December 28, 2010 at 11:55 AM #645895SK in CVParticipantPrecisely what is the relationship between the gold in fort knox and the amount spent on economic and quantitative stimulus? Why does that relationship exist? Why is it important? I would propose that it is entirely artificial, that gold has no significant intrinsic value and as a monetary unit is purely a social construct. (Unlike, for instance, oil or wheat.)
Please note, I am not disputing its historical, current or future value. Only questioning why that value exists.
December 28, 2010 at 11:55 AM #645242SK in CVParticipantPrecisely what is the relationship between the gold in fort knox and the amount spent on economic and quantitative stimulus? Why does that relationship exist? Why is it important? I would propose that it is entirely artificial, that gold has no significant intrinsic value and as a monetary unit is purely a social construct. (Unlike, for instance, oil or wheat.)
Please note, I am not disputing its historical, current or future value. Only questioning why that value exists.
December 28, 2010 at 11:55 AM #645313SK in CVParticipantPrecisely what is the relationship between the gold in fort knox and the amount spent on economic and quantitative stimulus? Why does that relationship exist? Why is it important? I would propose that it is entirely artificial, that gold has no significant intrinsic value and as a monetary unit is purely a social construct. (Unlike, for instance, oil or wheat.)
Please note, I am not disputing its historical, current or future value. Only questioning why that value exists.
December 28, 2010 at 12:29 PM #645262scaredyclassicParticipantall monetary units are social constructs.
gold is the only monetary unit that will never completely fail.
all other money will someday not exist.
oil and wheat aren’t money. theya re stuff you buy with money.
gold is beautiful and humans love beauty.
December 28, 2010 at 12:29 PM #646377scaredyclassicParticipantall monetary units are social constructs.
gold is the only monetary unit that will never completely fail.
all other money will someday not exist.
oil and wheat aren’t money. theya re stuff you buy with money.
gold is beautiful and humans love beauty.
December 28, 2010 at 12:29 PM #646052scaredyclassicParticipantall monetary units are social constructs.
gold is the only monetary unit that will never completely fail.
all other money will someday not exist.
oil and wheat aren’t money. theya re stuff you buy with money.
gold is beautiful and humans love beauty.
December 28, 2010 at 12:29 PM #645333scaredyclassicParticipantall monetary units are social constructs.
gold is the only monetary unit that will never completely fail.
all other money will someday not exist.
oil and wheat aren’t money. theya re stuff you buy with money.
gold is beautiful and humans love beauty.
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