Fiat currency: Time to replace?? (pay, debt, value) - General U.S. - City-Data Forum

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Fiat currency: Time to replace?? (pay, debt, value)

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View Poll Results: Replace fiat currency??
Yes		2	66.67%
No		1	33.33%
Voters: 3. You may not vote on this poll

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Old

11-23-2008, 12:54 PM

DAP443

Location: Princeton, New Jersey

937 posts, read 864,745 times

Reputation: 177

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Who agrees??

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Old

11-23-2008, 07:57 PM

HighPlainsDrifter73

Location: Cold Frozen North

1,928 posts, read 5,166,670 times

Reputation: 1307

I would advocate that 100% of our currency should be backed by something that retains value, such as gold. When your currency is 100% backed by real value, you can't devalue your currency through inflation. Governments love inflation. It helps to pay down excessive debt!

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