Thread: Is gold money? Ron Paul makes Ben Bernanke squirm.
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Old 08-02-11, 12:15 AM   #5
TLAM Strike
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Quote:
Originally Posted by Anthony W. View Post
Cash and coin are only representations of gold.
Actually its not, US Dollars are "Fiat Money", it only has value because the US Treasury says it does- it is not backed by gold or silver anymore.
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