DRDGOLD Ltd. Message Board

No....this ain't anything like the financial system of the 1920s. Remember, too....they didn't have derivatives.
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That's true about derivatives.They greatly expanded their fractional reserve banking and were on a downhill path compeditively in their manufacturing and were proped up by USA as far as the value of the pound but it didnt work.The 1st WW killed them ,it just took time for the fall.War mongering costs a lot of money.It costs more when you have to borrow to cover the costs.There are a lot of similarities but not exactly the same.WAR,Borrowing,Loss of compeditive industry,Build up of Armys, Funny money,and idiots running the countries.

You need a history lesson.LMAO

You remind me of the man who said that the moon is made of green cheese. And, he said, you can't prove that it isn't.

No one tried to disprove such a preposterous statement. But the man did not have much of an audience, speaking from his padded cell.

You remember the man. He was in the cell right next to yours.

You are prone to exaggeration and irrationality.

I did not say that only a few Iraquis died. You ask me to prove a statement that I did not make. Thats the old "straw man" technique.

You are the one who brought a preposterous claim of 650,000 Iraqui deaths. Its up to you to prove it.

You admit the inappropriateness of such a claim when you say, "You might just as well ask me to prove that 6,000,000 Jews died in the Holocaust"

You say that good records were not kept of Iraqui deaths, yet you support the claim of 650,000 deaths.

That is a lot of dead bodies? Where are they?

one fine day we will have to pay with hard currencies for all our imports.
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What would that be??? Most are basket cases or smaller economies.China is not ready yet to carry that ball.IMHO

England 1920s,it was slower though.The pound took a dive even with our help to hold it up at our taxpayers expense.

Tired of the endless leftwing drivel about the war? Concerned that the future of America is threatened by enemies abroad and fools at home? Well, there's an antidote - the Victory Caucus:

The Mission
Deliver the perspectives and news on the war effort which the mainstream media neglects to help the American public understand the nature of our conflict and its true progress

Provide tools and infrastructure to help citizens who are committed to victory organize into a recognized and influential caucus

Identify opportunities for the caucus to act and exert influence on America�s leaders and to directly aid and support the men and women of our military


Too much is at stake to let this war be lost simply because we refused to do everything we can do ensure the political ability of our military to fight until victory.

http://futures.tradingcharts.com/chart/US/M

LMAO,I should have said the brakes would have to be put on the presses in some relation to the gold supply.Just wishful thinking anyways.The gold standard worked fine for many years.When people or countries got too stupid, they paid and life went on with very little inflation.The great slow thief.What the price should be of gold, i shure don't know but it would have to be high enough to cover all the Euro dollars and all the internal currency and goverment IOU's.As i said some of the gold would most likely leave or be put in a different countries hole at the depository.Once they could not run the presses the price would not matter that much as long as the currencies were redeamable in gold at a set value that was much higher than intristic value.At least you would have some bench mark and disapline over a countrys monetary printing presses.imho

what's up with the hair up your arse today pale? I can always tell when something is troubling you old man.