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2016-07-12 Economy
Fed Former Chair Greenspan: Brexit Paves Way for ‘Gold Standard'
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Posted by Besoeker 2016-07-12 07:41|| || Front Page|| [4 views ]  Top

#1 Sorry Alan, appears no one has informed the markets:

Posted by Besoeker 2016-07-12 07:55||   2016-07-12 07:55|| Front Page Top

#2 There's an insufficient amount of precious metal to run a world economy. On the other hand, simply printing money without any value or backing does not appear to work either.
Posted by Procopius2k 2016-07-12 08:01||   2016-07-12 08:01|| Front Page Top

#3 They keep trying it though, P2k.
Posted by Mullah Richard 2016-07-12 08:18||   2016-07-12 08:18|| Front Page Top

#4 Price gold at a trillion dollars an ounce, and there will be more than enough to run a world economy. But until the oligarchs own the whole world economy, it will never be enough.
Posted by Anguper Hupomosing9418 2016-07-12 11:28||   2016-07-12 11:28|| Front Page Top

#5 There's an insufficient amount of precious metal to run a world economy. On the other hand, simply printing money without any value or backing does not appear to work either.

It seems they could, but no gold would be in the average Joe's hands after a short while.
Posted by gorb 2016-07-12 14:52||   2016-07-12 14:52|| Front Page Top

#6  Price gold at a trillion dollars an ounce, and there will be more than enough to run a world economy.

There will be no economy. Just ask the citizens of Zimbabwe or Venezuela,
Posted by Procopius2k 2016-07-12 18:23||   2016-07-12 18:23|| Front Page Top

23:39 gorb
22:58 newc
22:41 Shipman
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22:14 Procopius2k
21:23 Frank G
21:07 Mullah Richard
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18:49 Tarzan Slailet2796
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