An American Lion - An American Lion - The Daily Blog - The People …
Written by admin on September 14, 2009 – 9:46 am -Imagine a credit crisis where everyone cashes in their paper money and walks away with gold coins and bars. At that point, we might as well pick up stone tools, bring back the barter system, and form legions of our own, to march into .. Go here to see the original: An American Lion - An American Lion - The Daily Blog - The People … Read More →
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Common Sense Political Thought » Blog Archive » Inflation and Politics
Written by admin on September 14, 2009 – 5:00 am -Leaders found ways to provide plated coins that resembled the earlier ones in every aspect other than the precious metal content. Paper money that was reliably convertible into precious metal offered a certain advantage of portability. Lack of fiscal discipline often saw paper … Excerpt from: Common Sense Political Thought » Blog Archive » Inflation and Politics Read More →
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