PDA

View Full Version : 40 years hence - back to gold.


DJofSD
08-15-2011, 03:01 PM
http://finance.yahoo.com/news/Today-Marks-40th-Anniversary-wscheats-1950132810.html?x=0&sec=topStories&pos=7&asset=&ccode=

I guess politicans back then thought they were smart too.

Native Texan III
08-15-2011, 03:55 PM
Imagine importing 40 years of USA's oil needs if it all had to be paid for in gold.
Buying it and overseas companies for devalued "paper" is smart.
Has the writer never heard of the Wizard of Oz and made the connection?