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The Chip Board Archive 22

Re: Back up a minute....
In Response To: Back up a minute.... ()

"it changes, but it changes for everyone at the same time"

No, it doesnt.
It not only changes due to the natural change in gold spot, but also by the relative change of exchange rates between each currency and the dollar (or whatever new currency you wish to value the gold in).
It would only be the same for everyone if inflation (and hence depo/repo rates) were identical across the globe.

Anyway, there will be a global currency sooner or later, the Yuan vbg

Messages In This Thread

NCR- MONEY...What Is It? (LONG Post) Pls, Chime In
Re: NCR- MONEY...What Is It? (LONG Post) Pls, Chim
Answer:
Re: NCR- MONEY...What Is It? (LONG Post) Pls, Chim
Re: NCR- MONEY...What Is It? (LONG Post) Pls, Chim
One more thing....
Correction not Brazil but Veneznuela
Back up a minute....
Re: Back up a minute....
But...
Re: But...
Re: But...
Re: But...
The most basic of Friedman's beliefs is...
all the gold in China
Re: all the gold in China
"gold is money men can trust"
But Diamonds are a Girl's Best Friend"
Re: But Diamonds are a Girl's Best Friend"
Re: "gold is money men can trust"
Re: Just watch out for Auric Goldfinger!
Re: NCR- MONEY...What Is It? (LONG Post) Pls, Chim
Re: NCR- MONEY...What Is It? (LONG Post) Pls, Chim
Re: NCR- MONEY...What Is It? (LONG Post) Pls, Chim
Re: NCR- MONEY...What Is It? (LONG Post) Pls, Chim
U Mean Reckoning or Wreckoning? Hahaha Yep it Came
grin You said it so well! ~ My one and a half cents

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