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Old 11-19-2017, 10:31 AM
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fleamailman (Offline)
Samuel Johnson, obviously!
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("...done that, been there, it's called quantitative easing though..." went the goblin, adding "...besides, since there is no "gold standard" around today, all fiat currencies are merely a promise to pay something for nothing then, and backed by nothing too, so they're all counterfeit currencies as it were being debts unto themselves, or more simply they're notes given the value of however much a buyer is willing to trade them for, so the central bank counterfeits them into being passing them off as real money, yet real money is something more like tradeable goods, for example salt is money, gold is money, silver is money, etc., yet fiat currencies are not money in themselves by this yardstick, so they are counterfeit...")

Last edited by fleamailman; 11-26-2017 at 10:48 AM..
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