Thread: Usury
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Old 08-13-2008, 02:54 PM   #68 (permalink)
Brutha
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Lastly, gold is currently traded around $850 an ounce, total amount of gold mined in the history of the world is estimated at 142,000 tons according to wikipedia.
If you would make Gold the offical currency the Gold price would rise till it meets the demand.
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Talking about this in terms of “bad news” or “bad judgment by business leaders” seems archaic. It’s like describing World War One as “a serious diplomatic concern.”
Bruce Sterling about the financial crisis.
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