per Wikipedia
Quote:
Originally Posted by Jakel
I thought that America's assets, like our stockpile of Gold, and other resourses, is what gave our Government the ability to print currency. I doubt that we could cover all the currency we are printing, but if we gave up the Gold and other assets, what would our money be worth??
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"No country currently uses the gold standard as the basis of its monetary system, although several hold substantial gold reserves."
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LI SNOWBIRD LI, Tall Trees
"Every heart sings a song, incomplete, until another heart whispers back. Those who wish to sing always find a song. At the touch of a lover, everyone becomes a poet."
Plato
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