The Inside Assyria Discussion Forum #5

=> Re: Mumbo Jumbo

Posted by Tiglath (Guest) - Sunday, June 28 2009, 2:28:12 (CEST)
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Paper money has to be backed up by something or its perceived value depreciates.
In the case of the US they had their money tied to gold until 1971 when they went off the gold standard.
The question then is what is it tied against if not gold?

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De-Dollarization: Dismantling America’s Financial-Military Empire Tiglath - Monday, June 15 2009, 16:07:48 (CEST)
- Mumbo Jumbo pancho - 06/26 20:37
  - Re: Mumbo Jumbo Jeffrey - 06/28 00:23
    - Re: Mumbo Jumbo Tiglath - 06/28 02:28
      - Re: Mumbo Jumbo pancho - 06/29 21:27

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