15-02-12, 10:35 PM
And the USD is worth ????? :rollin
Sooner we get back on a gold standard the better, then we will have some promissory notes that actually have a value.
Maybe we won't have theses bang busts then. because banks will actually have to hold the values that they are lending instead of creating numbers on a screen.
You know like the days when we had building societies that couldn't lend more cash than they Held,. so that they couldn't contribute to housing bubbles.
Which is what after all brought this current pile down on our heads.
gotta love that Maggie Ronnie Liberalisation of the markets.
Sooner we get back on a gold standard the better, then we will have some promissory notes that actually have a value.
Maybe we won't have theses bang busts then. because banks will actually have to hold the values that they are lending instead of creating numbers on a screen.
You know like the days when we had building societies that couldn't lend more cash than they Held,. so that they couldn't contribute to housing bubbles.
Which is what after all brought this current pile down on our heads.
gotta love that Maggie Ronnie Liberalisation of the markets.