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Saudi Prince: 'We Don't Want the West to Find Alternatives'

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ausador5/29/2011 10:16:34 pm PDT

re: #124 laZardo

Anyone got some resources for debunking the whole “return to the Gold Standard” people?

That would be much appreciated.

Also good afternoon.

How about the simple fact that there is no where near enough gold to supply all six billion+ inhabitants of this world with gold currency to replace their paper currency? The United States entire gold reserves would if converted to gold coinage supply us with less than 1/60th of the dollar amount of paper currency currently in circulation.

Personally I find the fact that it is simply physically impossible to be the best argument against it. But that is just me, nitpicking as usual…

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