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re: Is there anyone here who supports fiat curreny/the Federal Reserve?

Posted on 2/13/14 at 8:24 am to
Posted by LSUnKaty
Katy, TX
Member since Dec 2008
4367 posts
Posted on 2/13/14 at 8:24 am to
quote:

They day they shut down the printing...our asses are mud! We won't be typing on this computer.
NSIS

Why not double down and accelerate the printing ... oh wait, Obama has.

What the hell, double it again!
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5623 posts
Posted on 2/13/14 at 8:29 am to
quote:

Why not double down and accelerate the printing ... oh wait, Obama has

The Federal Reserve =/= The US Government
quote:

How about reserve notes that are actually backed by something?

You would rather your currency be backed by a piece of metal with very little utility value compared to the relative strength of a a country's economy (taking supply into account)? Why?
This post was edited on 2/13/14 at 8:31 am
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