Re: end of the reserve currency?

From: robert j. kolker (nowhere_at_nowhere.net)
Date: 11/26/04


Date: Fri, 26 Nov 2004 18:06:17 -0500


Igor wrote:

> manipulated by forces other than trade, ie. demand for gold items and
> openings of new mines. This is not a viable solution. GOLD IS NOT STABLE.

And government printed confetti and government created banks accounts are?

Gold is a physical substance that is rather scarce. Its supply cannot
be expanded on a whim. Nature controls how much gold there is, not a
bunch of bankers.

Bob Kolker


Quantcast