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Replying to:

> Collapse of U.S. Economy Imminent

30 January 2006 17:11
Interesting article on copvcia.com http://www.fromthewilderness.com/fr... " ... here’s the simple version: back the dollar with gold, and it’s a solid currency. Back the dollar with a solid manufacturing economy, and it’s a stable currency. Back the dollar with petroleum trading and military force, and you’re o.k. — so long as you’ve got enough military force to prevent oil-rich countries from selling their oil outside the dollar. Because if that happens, then the dollar is backed with nothing but propaganda and it will collapse. " B Hecht City of (...)


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