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New No son, you have no choice
"Only if we all agree to value the currency, is it worth anything"
If every person in America agreed to back the dollar with gold it doesnt matter. The Federal Reserve, an Agency that none of the branches have any control over can tell us all to fsck off.
[link|http://www.buildfreedom.com/tl/rape3.shtml|its true!]
thanx, :)
Bill
TAM ARIS QUAM ARMIPOTENS
New Interesting read, but that's not what I meant.
I'm looking it over, will report back later with my own thoughts 'n feelings. However, I was referring to the whole idea of "confidence" - if everybody becomes convinced that the almighty $ ain't worth the tp it's printed on...

...then it ain't. Doesn't matter whether or not the Federal Reserve and their cronies back it.
"He who fights with monsters might take care lest he thereby become a monster. And if you gaze for long into an abyss, the abyss gazes also into you." - Friedrich Nietzsche
     Some folks are catching on - (boxley) - (37)
         The smoke&mirrors squishy underbelly of Econ 'theory'___:-\ufffd -NT - (Ashton)
         And the biggest risk is... - (ben_tilly) - (31)
             Ya gonna live to 200? - (boxley) - (10)
                 We do? - (ben_tilly) - (9)
                     Thanks (again) Ben - (Ashton)
                     Brilliant summation. - (static)
                     I remember reading books in 1966 - (boxley)
                     Semantic games should be illegal - (drewk) - (5)
                         But they aren't being dishonest - (ben_tilly) - (4)
                             Summary of the summary of the summary. - (static) - (3)
                                 But that isn't true - (ben_tilly) - (2)
                                     Something else that effects the economy is cash - (boxley)
                                     Okay, yes, you're right. - (static)
             Interesting side note to all this. - (inthane-chan) - (19)
                 No son, you have no choice - (boxley) - (1)
                     Interesting read, but that's not what I meant. - (inthane-chan)
                 You haven't been current on how money works... - (ben_tilly) - (10)
                     I just wasn't clear in my post. - (inthane-chan) - (9)
                         Not so easy. - (static)
                         What Wade said - (ben_tilly) - (7)
                             Ah, got it. - (inthane-chan)
                             There are some big misunderstandings here.... - (neelk) - (5)
                                 No misunderstanding - (ben_tilly) - (4)
                                     Re: No misunderstanding - (neelk) - (3)
                                         I may have a narrowly focussed view - (ben_tilly) - (2)
                                             Re: I may have a narrowly focussed view - (neelk) - (1)
                                                 What kind of real estate loans? - (ben_tilly)
                 Ft. Knox - (Silverlock) - (5)
                     In the Bond flic - (Ashton) - (4)
                         Silver xbars? kinda low meltpoint? - (boxley) - (1)
                             Not really. - (static)
                         Hollywood? HOLLYWOOD? - (Silverlock) - (1)
                             Apologies to UK, Pinewood et al - dumbth :( - (Ashton)
         The Economist on the strong dollar - (admin) - (3)
             Mind posting a synopsis? -NT - (ben_tilly) - (2)
                 Yep, I do. - (admin) - (1)
                     Dang. -NT - (ben_tilly)

Unintended consequences.
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