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Old 01-09-2011, 10:41 PM
wardd wardd is offline
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Join Date: Apr 2009
Rep: 442 Posts: 930
Location: usa
it was the big banks that created wealth with money that didn't exist

a huge amount of us currency is squirled away by people in other countries and used in the local economy, leaving a dirth of currency here at home, a lot of money printing is to make up for that

gold and silver is a lousy basis for money supply in the modern world

the money supply has to be adjusted for economic conditions

no matter what you use for exchange there has to be a common agreement on it's worth and the worth of goods sold, be it paper or gold
liberty ships were beautiful

Old 01-09-2011, 11:33 PM
Boat Design Net Moderator Boat Design Net Moderator is online now
Join Date: Feb 2010
Rep: 935 Posts: 372
It appears this thread has veered more into politics than climate change now;
with little if any direct relevance to boats or boating, and after 750 pages, I think it's time to close this one.
Please be polite to all other members. Please respect those who take their time to give advice freely. And please keep threads on topic. Forum Rules
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