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re: Is there anyone here who supports fiat curreny/the Federal Reserve?
Posted on 2/13/14 at 8:20 am to LSURussian
Posted on 2/13/14 at 8:20 am to LSURussian
quote:How about reserve notes that are actually backed by something?
As opposed to what? Carrying around gold bars?
2
Posted on 2/13/14 at 8:29 am to LSUnKaty
quote:What do you mean by "backed by?
How about reserve notes that are actually backed by something?
Posted on 2/13/14 at 8:33 am to LSUnKaty
quote:
How about reserve notes that are actually backed by something?
Well, they are backed by something K...'the full faith and credit of the government'.
The old adage..."solid as the dollar", is like me...fast becoming antiquated and irrelevant.
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