Quote:
Originally Posted by Spudstr
Well.. the US dollar is backed. Its backed by gold.. as long as there is gold there is a USD backing.
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Dude, seriously... You can't be that thick right?
http://en.wikipedia.org/wiki/History..._States_dollar
http://en.wikipedia.org/wiki/Gold_standard
And straight from the FED
"The final blow to the gold standard was the Great Depression, by the end of which the gold standard was history"
http://www.federalreserve.gov/boardd...05/default.htm
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