Quote:
Originally Posted by mud flap
I don't think the article said anything about gold "backing" paper dollars. It stated that it was the public's desire to purchase gold as a hedge that drove the price up and the final price for the gold was high enough that we could have been put back on the gold standard.
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Be that as it may, I'm still waiting for the citation which will support and clarify the claims made.
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Douglas Campbell, P.E.
1986 Isuzu P'up, 177,673.8 miles.
- Hella headlights (highly recommended)
- DOT C-2 back end (also recommended)
- R-12 air conditioner converted to R-406a. Saved ozone and money
- 4.1:1 final drive converted to 3.4:1. Quieter, better mileage but it's a good thing I live in the flat Midwest.
- 9/22/2007, age 21: Still running well when reluctantly sent away for reincarnation, due to body & frame rust.
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